January 5, 2016
The Duty to Serve Underserved Markets
The Federal Housing Finance Agency has issued a Notice of Proposed Rulemaking and Request for Comments regarding Enterprise Duty to Serve Underserved Markets. The “Enterprises” are Fannie and Freddie and this duty to serve is a highly contested one, with … Continue reading
January 5, 2016 in Federal Housing Finance Agency | Permalink | No Comments
December 23, 2015
Fannie/Freddie 2016 Scorecard
The Federal Housing Finance Agency has posted the 2016 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. The FHFA assesses the three entities using the following criteria, among others: The extent to which each Enterprise conducts initiatives in a safe and … Continue reading
December 23, 2015 in Federal Housing Finance Agency | Permalink | No Comments
November 13, 2015
Fannie, Freddie & The Affordable Housing Feint
Robert J. Shapiro and Elaine C. Kamarck have posted A Strategy to Promote Affordable Housing for All Americans By Recapitalizing Fannie Mae and Freddie Mac. While it presents as a plan to fund affordable housing, … Continue reading
November 13, 2015 in Federal Housing Finance Agency | Permalink | No Comments
November 6, 2015
Friday’s Government Reports Roundup
HUD’s Office of Policy Development & Research released its most recent issue of Cityscape, featuring research from a symposium about affordable housing and neighborhood qualities. The HOME Coalition released “Building HOME: The HOME Investment Partnerships Program’s Impact on America’s Families … Continue reading
November 6, 2015 in Federal Housing Finance Agency | Permalink | No Comments
November 2, 2015
Obama Administration on Frannie
Michael Stegman, a White House Senior Policy Advisor, offered up the Obama Administration’s “perspective on critical housing issues” recently. (1) I found the remarks on the future of Fannie and Freddie to be of particular interest: Before discussing what we … Continue reading
November 2, 2015 in Federal Housing Finance Agency | Permalink | No Comments
October 29, 2015
Frannie v. Private-Label Smackdown
S&P posted a report, Historical Data Show That Agency Mortgage Loans Are Likely to Perform Significantly Better Than Comparable Non-Agency Loans. The overview notes, We examined the default frequencies of both agency and non-agency mortgage loans originated from 1999-2008. As … Continue reading
October 29, 2015 in Federal Housing Finance Agency | Permalink | No Comments
October 20, 2015
Hypothetically Reforming Fannie and Freddie
S&P issued a report, Fannie, Freddie, and the FHLB System: Plus Ca Change . . . The report opens, “Despite reform talk in the years since the U.S. housing crisis, Standard & Poor’s Ratings Services believes the likelihood of extraordinary government support … Continue reading
October 20, 2015 in Federal Housing Finance Agency | Permalink | No Comments
