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February 20, 2018

HFSC Chairman Hensarling Demands Explanation from Watt on Housing Trust Fund Payments

By Carisa Chappell

After a long hiatus, in 2017 Fannie and Freddie reinstated their first contribution to the National Housing Trust Fund, which amounted to roughly $186 million. Fannie plans to contribute $239 million to the trust funds this quarter, Freddie $114 million.

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Poll

With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

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