Forbearance rose to prominence during the COVID-19 pandemic, but does it still have a place in today’s economy? Click through to read commentary from the Joint Center for Housing Studies at Harvard University.
Read More »Lance Drummond Named Chair of Freddie Mac’s Board of Directors
Assuming the role of Board Chairman, former Fiserv and Bank of America exec is set to replace Sara Mathew, who will be retiring as the GSE’s Board Chair and Director in February 2024.
Read More »FHFA Now Accepting Membership Applications for Advisory Committee
The Federal Housing Finance Agency has announced the acceptance of membership applications for its Advisory Committee on Affordable, Equitable, and Sustainable Housing to discuss a wide range of housing topics, including fair lending, fair housing, civil rights, single- and multifamily lending, and community advocacy.
Read More »Freddie Mac CEO DeVito Announces Retirement
Michael J. DeVito will move on from the role of CEO in the first quarter of 2024, as the GSE is set to begin its search for a successor to the position.
Read More »SVB Financial Group Announces Chapter 11 Commencement
SVB Financial Group has announced that its strategic alternatives process for SVB Capital and SVB Securities Operations are underway. SVB Securities and SVB Capital's Funds and general partner entities will not be included in the Chapter 11 filing.
Read More »FHFA Announces Roundtable Discussions, Listening Sessions
The Federal Housing Finance Agency has announced upcoming roundtable discussions and a wrap-up listening session as part of its comprehensive review of the Federal Home Loan Bank system.
Read More »Fannie Mae Reports Dip in Q4 Revenue
The GSE reported a Q4 loss in revenue, with a $12.9 billion annual net income and $1.4 billion fourth quarter 2022 net income, with net worth reaching $60.3 billion.
Read More »FHFA Releases 2023 Scorecard for GSEs, Common Securitization Solutions
The 2023 Scorecard builds on the progress made by the GSEs in 2022 to strengthen capital position while advancing equitable and sustainable access to homeownership and rental housing nationwide.
Read More »Ginnie Mae Issues Report on VA Loan Health and Liquidity
As per the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, Ginnie Mae has released its inaugural examination of VA-guaranteed loans.
Read More »Ginnie Mae Extends Execution Date for Risk-Based Capital Requirement
Ginnie Mae President Alanna McCargo said, “As always, we are focused on working with our counterparties to manage risks and ensure continuity in serving the most underserved households through all economic cycles.”
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