GSE reform

FHFA to seek public input on alternative GSE credit score model

10/23/17

Federal Housing Finance Agency Director Mel Watt said the agency is poised to examine alternatives to how a Fannie Mae and Freddie Mac assess creditworthiness of home buyers, including seeking public comment on the issue later this fall.

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Fannie, Freddie must be allowed to rebuild capital, say small banks, credit unions

10/19/17

In a moment of rare unity, the Independent Community Bankers of America and National Association of Federally-Insured Credit Unions sent a joint letter to FHFA arguing to stop the GSEs' profit sweep.

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Declining capital at Fannie, Freddie 'irresponsible': FHFA's Watt

10/03/17

Though FHFA Director Mel Watt stopped short of saying he would break with a Treasury agreement that forces all profits of the GSEs to go to the government, he emphasized that it couldn’t continue indefinitely.

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Equifax, Wells and CFPB: Banking's momentous week on Capitol Hill

09/29/17

The week of Oct. 2 is shaping up to be a significant one for the financial services industry on Capitol Hill, as lawmakers grill the top executives of Equifax and Wells Fargo, as well as the top regulator of Fannie Mae and Freddie Mac.

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Corker’s retirement may change GSE reform calculus

09/26/17

Sen. Bob Corker has been a key voice in the housing finance reform debate. His departure at the end of next year puts a deadline of sorts on his efforts to unwind and replace Fannie Mae and Freddie Mac.

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Mnuchin demurs on question of GSEs' capital

09/14/17

Despite a direct request by six Democratic senators that Fannie Mae and Freddie Mac be allowed to rebuild capital, Treasury Secretary Steven Mnuchin did little to clarify the administration's thinking.

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It's official: Montgomery chosen to run FHA (again)

09/13/17

As was expected, President Trump has nominated Brian Montgomery to serve as the commissioner of the Federal Housing Administration.

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Five simple ways GSE reform can narrow the homeownership gap

08/21/17

The gulf between those at the upper ends of the wealth ladder and lower-income Americans has worsened markedly since the financial crisis, despite the trillions of subsidies that taxpayers provide for housing.

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Debt limit debate complicated by Fannie, Freddie dividends

08/09/17

Dividend payments by Fannie Mae and Freddie Mac are due to come one day after the U.S. is estimated to hit the debt ceiling, raising the stakes in the debate over whether those payments should continue.

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FHFA’s Watt: No change in GSE credit scoring models until 2019

08/01/17

FHFA Director Mel Watt said Fannie Mae and Freddie Mac can not use alternative credit models until other issues are resolved first.

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