Fannie, Freddie double their funding for affordable housing projects


The mortgage giants were authorized to give just over $1 billion combined to the National Housing Trust Fund and the Capital Magnet Fund this year, the highest contribution ever. The amount reflects refinancing growth in 2020.


FHFA announces further extension of COVID-related mortgage relief


The agency will allow an additional three months of forbearance for loans backed by Fannie Mae and Freddie Mac, giving homeowners up to 18 months to suspend payments due to the pandemic.


FHFA will allow borrowers to prolong forbearance plans


Homeowners still deferring payments on federally backed loans as of Feb. 28 will be permitted to request an additional three months of relief.


FHFA asks for input on GSEs' exposure to climate change


In a request for information, the agency sought feedback on how it should prioritize climate risks as part of its supervision of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.


GSEs allowed to keep more earnings, but what comes next is uncertain


The FHFA and Treasury will allow Fannie Mae and Freddie Mac to hold more capital as part of the Trump administration's plans to release the companies from conservatorship. But it is unclear if the incoming Biden administration will keep the mortgage giants on the same reform path.


FHFA proposes living wills for Fannie and Freddie


The proposal would require the government-sponsored enterprises to craft resolution plans similar to regulations imposed on the largest U.S. banks.


FHFA proposes formal liquidity rules for GSEs


The proposal builds on guidance that the agency gave to Fannie Mae and Freddie Mac earlier this year.


Mnuchin rules out freeing Fannie-Freddie before Biden takes over


Treasury Secretary Steven Mnuchin has all but ruled out letting Fannie Mae and Freddie Mac exit U.S. control before he steps down, leaving it to the Biden administration to decide the fates of the mortgage giants.


Supreme Court hints FHFA's Calabria could keep job after all


Many have assumed the high court would rule that presidents can fire the Federal Housing Finance Agency director at will. But during oral arguments in a case challenging the agency’s structure, some justices suggested they could stop short of such a decision.


Marzol, deputy to FHFA director, plans to retire


Adolfo Marzol came to the agency after a stint at HUD and a 30-year career in the mortgage industry. He will depart on Dec. 18.