April 3, 2015
Seismic Shift in Lending?
Researchers at the American Enterprise Institute’s International Center on Housing Risk have posted a study that shows a “seismic shift in lending away from large banks to nonbanks.” (1) The key takeaways are The dramatic decline in agency market share … Continue reading
April 3, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 31, 2015
The Rescue of Fannie and Freddie
Federal Reserve researchers, W. Scott Frame, Andreas Fuster, Joseph Tracy and James Vickery, have posted a staff report, The Rescue of Fannie Mae and Freddie Mac. The abstract reads, We describe and evaluate the measures taken by the U.S. government to … Continue reading
March 31, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 27, 2015
Friday’s Government Reports Roundup
CFPB releases report of KPMG audit of its operations and budget. In the report, CFPB agrees with KPMG’s findings about control deficiencies and is aiming to fix such deficiencies. FHFA releases report on progress of Fannie/Freddie Conservatorships in advancing access … Continue reading
March 27, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 25, 2015
Frannie Conservatorships: What A Long, Strange Trip It’s Been
The Federal Housing Finance Agency Office of Inspector General has posted a White Paper, FHFA’s Conservatorships of Fannie Mae and Freddie Mac: A Long and Complicated Journey. This White Paper on conservatorships updates a first one that OIG published in … Continue reading
March 25, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 24, 2015
Transferring Risk from Fannie & Freddie
The Federal Housing Finance Agency has posted its FHFA Progress Report on the Implementation of FHFA’s Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac. As its name suggests, it provides a progress report on a range of … Continue reading
March 24, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 23, 2015
Another Fannie/Freddie Bailout?
The Federal Housing Finance Agency Office of the Inspector General has issued a White Paper Report, The Continued Profitability of Fannie Mae and Freddie Mac Is Not Assured. The Executive Summary opens, Fannie Mae and Freddie Mac (collectively, the Enterprises) … Continue reading
March 23, 2015 in Federal Housing Finance Agency | Permalink | No Comments
February 20, 2015
Friday’s Government Report Roundup
CRS Report, ‘Community Development Financial Institutions (CDFI): Programs and Policy Issues’, by Sean Lowry. (Need Bloomberg BNA Subscription) Consumers’ mortgage shopping experience, by CFPB. HUD Subsidized More Than 106,000 Noncompliant Households. (Discussing HUD’s large-scale failure in oversight of requirement that … Continue reading
February 20, 2015 in Federal Housing Finance Agency | Permalink | No Comments
