GSE reform

Are Treasury, FHFA running out of time to approve GSE capital boost?


The agency that supervises Fannie Mae and Freddie Mac has pushed for revising an agreement with the Treasury Department allowing the mortgage giants to retain their profits. A deal could be out of reach once Joe Biden takes office.


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.


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.


Why is Fannie Mae abandoning a practice that shields it from risk?


Fannie hasn't completed any credit risk transfers to private investors since the second quarter. Some experts worry the decision — likely spurred by the company’s concerns about a recent capital regulation — could put the mortgage giant on unsteady footing.


Is GSE reform dead on arrival under Biden?


The Trump administration has moved forward on a plan to privatize Fannie Mae and Freddie Mac, but Joe Biden appointees could take steps to slow or stop their release from conservatorship.


FHFA issues capital rule, previews next steps on plan to release GSEs


The new capital framework for Fannie Mae and Freddie Mac is a prelude to letting the mortgage giants potentially retain all their earnings. But efforts to privatize the companies could face pushback from the Biden administration.


Freddie Mac CEO David Brickman resigns, interim leader appointed


Freddie Mac representatives would not comment on the sudden resignation of Brickman. Interim CEO Michael Hutchins has served as Freddie’s executive vice president of investments and capital markets since January 2015.


Could capital plan for Fannie and Freddie stymie homeownership?


The Federal Housing Finance Agency's proposal could undermine the companies’ mission to support the housing market and penalize consumers in underserved communities, industry and consumer groups say.


CFPB’s latest underwriting revamp seen as boon to fintechs, GSEs


The agency’s plan to extend the "qualified mortgage" stamp of approval to more loans could help lenders that rely on alternative data and cushion the blow of other QM changes for Fannie Mae and Freddie Mac.