Mel Watt

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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Freddie Mac says it will pay $2B to taxpayers — maybe

08/01/17

Freddie Mac said it earned enough in the second quarter to send a $2 billion dividend to the U.S. Treasury, but the press release announcing the company’s financial results includes new language suggesting uncertainty as to whether the payment will be made as scheduled.

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FHFA on collision course with Congress over Fannie, Freddie

05/11/17

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.

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Lenders, consumer groups call for end to GSE dividend sweep

03/23/17

The groups and industry trade associations want the Treasury Department and the FHFA to allow Fannie Mae and Freddie Mac to build up capital reserves.

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GSE common securitization plan delayed to 2019

03/23/17

Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.

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