Tag Archives: Michael DeVito

Click through to learn more about what the change means in context, and how it relates to the current debt-ceiling discussions.

Despite an up-and-down housing market in the first quarter of 2023, both Fannie Mae and Freddie Mac were profitable, proving to be a source of stability for the housing finance system.

In an effort to complement the initiatives outlined in the FHFA’s Strategic Plan: Fiscal Years 2022-2026, adjustments have been made based on initial research and findings to further promote equitable access to affordable and sustainable housing.

GSE adds 20-plus year compliance veteran Dennis Hermonstyne Jr. to oversee risk management for the company’s legal, regulatory, and conservatorship obligations.

In a move to promote equitable housing for all, the GSE will begin to factor on-time rent payments into underwriting decisions as of July 10.

The multi-year Federal plan was drafted to outline initiatives geared toward the promotion of equitable and sustainable access to housing for all.

The GSE has added Heidi Mason to assume general counsel responsibilities, and has named ex-Ginnie Mae President Kevin Chavers and Luke Hayden to its Board of Directors.

Through a new $3 billion bond initiative, Freddie Mac seeks to create more opportunities for families to access quality housing.

After serving in an interim CCO capacity since January, 20-plus year veteran takes over SVP role at GSE.

As head of Home Lending Retail, Hilzendeger will oversee nearly 15,000 retail production team members in mortgage and home equity sales, underwriting, fulfillment and support functions.