The Federal Housing Finance Agency (FHFA) on Tuesday issued a final rule setting housing goals for Fannie Mae and Freddie Mac for 2026 through 2028, lowering benchmarks from 2025-2027 levels. The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 requires the FHFA to establish several annual housing goals for single-family and multifamily mortgages […]
FHFA sets 2026-2028 housing goals for GSEs Read More »
The U.S. Federal Housing Finance Agency says its new housing goals will help more middle class families get mortgages after being disadvantaged by Biden-era quotas. Processing Content The government-sponsored enterprises could purchase notably fewer loans in minority Census tracts over the next two years, according to the regulator’s plans unveiled Tuesday. The FHFA however anticipates
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Senate Democrats are pressing their Republican colleagues to summon the Trump administration’s top housing regulator to Capitol Hill for questioning about his turbulent tenure overseeing the nation’s $13 trillion mortgage market. Federal Housing Finance Agency Director Bill Pulte should be called to testify before lawmakers no later than the end of January, the Democratic members
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U.S. Federal Housing is increasing the multifamily caps at Fannie Mae and Freddie Mac for 2026 by over 20% compared to this year, a level which keeps pace with volume growth in recent months, observers said. The combined cap of $176 billion is split evenly between the two companies at $88 billion. This year’s cap
FHFA boosts Fannie, Freddie multifamily caps over 20% in ’26 Read More »
A group of Senate Democrats has asked the Government Accountability Office (GAO) to investigate Federal Housing Finance Agency (FHFA) Director Bill Pulte and other employees over criminal referrals against several public figures as they seek to determine whether federal authority and resources were misused. In a letter sent Monday to Gene Dodaro, the Comptroller General
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Bill Ackman, the billionaire founder of Pershing Square Capital Management, proposed on Tuesday a three-step plan for Fannie Mae and Freddie Mac that could still be completed this year, while labeling a stock offering as “not feasible.” Ackman’s plan begins with an agreement letter between the U.S. Department of the Treasury and the Federal Housing
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Fannie Mae and Freddie Mac, two influential mortgage buyers the United States holds in conservatorship, are looking into doing more with loans transferred between buyers and sellers, according to Federal Housing Finance Agency Director Bill Pulte. “At Fannie and Freddie, we are evaluating how to do assumable or portable mortgages in a safe and sound
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In a social post on Saturday, President Trump floated the idea of a 50-year mortgage to boost housing affordability, but the idea got a frosty reception online. One reason is that stretching the loan term out that long ends up costing much more in interest over the life of the loan while only shaving a
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The inspector general of the Federal Housing Finance Agency has reportedly been ousted, leaving vacant a key internal overseer. Acting IG Joe Allen is being removed from his role, Reuters reported Monday afternoon, citing four unnamed sources. Allen, the Office of Inspector General’s chief counsel and a longtime Department of Justice employee, replaced former Biden
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Mortgage industry experts are divided over the idea of allowing Fannie Mae and Freddie Mac to increase their purchases of mortgage-backed securities (MBS) in order to reduce mortgage rates, a proposal recently suggested by trade groups. While the government-sponsored enterprises (GSEs) could create demand quickly amid a reduction in the Federal Reserve’s presence in the
Debate heats up around GSEs’ potentially larger role as MBS buyers Read More »