The two mortgage giants have devised different strategies to make sure renters have a better chance of qualifying for a mortgage.

The OIG report also documents the lack of continuity in the leadership of DER.

The proposal also includes a new area-based subgoal designed to reduce the likelihood that GSE purchases in low-income areas go disproportionately to higher-income borrowers.

Anchor said roughly 95% of its loans are made to established borrowers who have completed more than 40 projects apiece.

Fisher, who joined FHFA in 2019 under former Director Mark Calabria, helped create the new division and played a key role in his plan to reduce the agency’s reliance on data and analysis...

Fewer refinancings mean Fannie Mae’s and Freddie Mac’s amortization incomes from prepayments are in decline. (Includes data chart.)

Market forces and regulatory issues outside the control of Fannie and Freddie may make it difficult for them to achieve the proposed affordable housing benchmarks.

UMMC argues that the GSEs’ three-year duty-to-serve plans are wholly inadequate to address the current affordable housing crisis.

Successive OIG reports have found chronic deficiencies in FHFA’s internal controls and in its supervision of the GSEs. The latest report is more of the same.

A new standardized structure for capital and risk-management disclosures will make it easier to compare Fannie and Freddie to one another and to other large financial institutions.