Freddie Mac

New affordable housing goals go easy on Fannie and Freddie


The Federal Housing Finance Agency made just incremental changes to two of the seven affordable housing benchmarks.


Housing finance system needs updates, not overhaul


With lawmakers bracing for a major policy undertaking to reform the government-sponsored enterprises, they can take comfort that they don’t need to start from scratch.


The tricky calculus of housing finance reform


The Senate is set to begin teeing up housing finance reform discussions at a Banking Committee hearing on Thursday, but many are skeptical that Congress will be able to succeed where it has failed in the past.


New GSE proposal seeks to fill capital void


As long as Fannie Mae and Freddie Mac exist, they must have adequate capital so taxpayers will never again be compelled to help them meet their financial obligations.


Bankers at odds over GSE recapitalization proposal


The ICBA backs a plan to recapitalize Fannie and Freddie through retained earnings and public offerings, but other groups see it as a self-interested proposal to help GSE stockholders.


Drilling down on Mnuchin’s first Senate Banking appearance


Treasury Secretary Steven Mnuchin was pressed for his views on housing finance reform, what a “modernized” version of the Glass-Steagall Act would look like and a two-tiered regulatory system.


FHFA, Treasury should cooperate on GSE capital buffer, housing groups say


Fannie Mae and Freddie Mac should be able to rebuild a capital buffer to avoid any potential crisis in the mortgage market, according to a coalition of affordable housing advocates, homebuilders and small mortgage lender groups.


Four things to watch during Mnuchin’s first Banking Committee hearing


Treasury Secretary Steven Mnuchin is expected to face tough questions on the OCC, Glass-Steagall and housing finance reform when he testifies on Thursday.


FHFA on collision course with Congress over Fannie, Freddie


FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.


Fannie, Freddie detail plans to help mobile home market


Fannie Mae and Freddie Mac issued proposals Monday to create pilot programs for loans on mobile homes, part of an ambitious plan for underserved and rural housing markets.