Fannie Mae
Fannie Mae Announces Priscilla Almodovar as Chief Executive Officer
Fannie Mae announced the appointment of Priscilla Almodovar as chief executive officer (CEO) and member of the Board of Directors, effective Dec. 5, 2022.
HFA Publishes New Multifamily Affordable Housing Goals for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) recently proposed multifamily affordable housing goals for Fannie Mae and Freddie Mac for 2023 and 2024.
FHFA Releases Equitable Housing Finance Plans
The Federal Housing Finance Agency (FHFA) published Equitable Housing Finance Plans from Fannie Mae and Freddie Mac for 2022-2024.
Fannie Mae Issues $5 Million ‘Innovation Challenge’ to Help Advance Racial Equity in HousingFannie Mae Issues $5 Million ‘Innovation Challenge’ to Help Advance Racial Equity in Housing
Fannie Mae announced the launch of its 2022 Sustainable Communities Innovation Challenge (IC22), the company’s second such initiative, committing $5 million to attract innovative ideas that will help advance racial equity in housing.
FHFA Announces More than $1.1 Billion for Affordable Housing Programs
Federal Housing Finance Agency Acting Director Sandra L. Thompson announced the Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) will receive a total of $1.138 billion for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises).
FHFA Calls for Revisions to GSE Duty to Serve Plans
The Federal Housing Finance Agency (FHFA) announced its objections to Fannie Mae’s and Freddie Mac’s revised DTS Proposed Underserved Markets Plans for 2022-2024. Under the DTS rule, Fannie Mae and Freddie Mac must prepare and submit three-year DTS plans detailing their activities to serve three underserved markets: manufactured housing; rural housing; and affordable housing preservation.
FHFA Establishes New, Higher Affordable Housing Goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency published a final rule establishing updated affordable housing goals for Fannie Mae and Freddie Mac.
Biden to Nominate Thompson as FHFA Director
President Joe Biden (D) announced his intent to nominate Sandra Thompson to serve as the director of the Federal Housing Finance Agency.
FHFA Releases 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions
The Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions, LLC (CSS).
Cushman & Wakefield Enters $500 Million Joint Venture with Greystone
Cushman & Wakefield and Greystone External Link announced they will enter into a strategic joint venture.
Fannie, Freddie May Acquire up to $78 Billion in Multifamily Loans in 2022
The Federal Housing Finance Agency announced the multifamily loan acquisition volume caps for the GSEs in 2022.
Fannie, Freddie Each Increase LIHTC Investment by $350 Million; FHA Risk-Share Programs Resume
Last week, the White House released a sweeping set of actions the Biden-Harris administration is taking to increase the supply of affordable housing.