Fannie Mae

The Government Accountability Office (GAO) issued a new report Housing Finance: Prolonged Conservatorships of Fannie Mae and Freddie Mac Prompt Need for Reform. The report, prepared for Chairwoman of the House Committee on Financial Services Maxine Waters (D-CA) and Congressman Sean Duffy (R-WI), calls on Congress to “consider legislation for the future federal role in housing finance that addresses the structure of the enterprises, establishes clear, specific, and prioritized goals and considers all relevant federal entities, such as FHA and Ginnie Mae.”

President Trump has named Comptroller of the Currency Joseph Otting as acting director of the Federal Housing Finance Agency (FHFA) beginning Jan. 6, after Director Mel Watt’s term ends.

The House Financial Services Committee (HFSC) will hold a hearing on “A Legislative Proposal to Provide for a Sustainable Housing Finance System: The Bipartisan Housing Finance Reform Act of 2018” on Friday, Dec. 21 at 9 a.m. EST in Rayburn House Office Building, room 2128.

The Senate Committee On Banking, Housing and Urban Affairs will meet in on October 18 to conduct a hearing entitled “Oversight of Pilot Programs at Fannie Mae and Freddie Mac.”  The witnesses will be: Ms. Sandra Thompson, Deputy Director, Division of Housing Mission and Goals, Federal Housing Finance Agency;  Mr. Timothy J. Mayopoulos, Chief Executive Officer, […]

The Federal Housing Finance Agency (FHFA) is requesting public input on Fannie Mae and Freddie Mac’s (the Enterprises) proposed modifications to their 2018-2020 Underserved Markets Plans (Plans) under the Duty to Serve (DTS) program.

Fannie Mae announced today a new Call for Ideas on Healthy Affordable Housing. The application period is open from September 26, 2018 through November 1, 2018.

The Committee on Financial Services will hold a hearing entitled “Oversight of the Federal Housing Finance Agency’s role as conservator and regulator of the Government Sponsored Enterprises” on Thursday, September 27, 2018, at 10:30 a.m. in room 2128 of the Rayburn House Office Building. This will be a two-panel hearing with the following witnesses: Panel […]

On September 6, the tenth anniversary of the federal government’s takeover of Fannie Mae and Freddie Mac, retiring House Financial Services Committee chair Jim Hensarling (R-TX) released a discussion draft for the Bipartisan Housing Finance Reform Act. The measure is co-sponsored by Reps. John Delaney (D-MD) and Jim Himes (D-NY) and would eliminate Fannie Mae […]

The proposal would reorganize several aspects of the Federal Government, with affordable housing and GSE reform in the mix.

This interactive, web-based tool identifies over 800 local rental and homeownership inclusionary housing programs nationwide and includes data on state-level legislation and judicial decisions that are related to the adoption of local inclusionary housing policies.

Presented by Stewards of Affordable Housing for the Future (SAHF) and Fannie Mae Enhanced Resident Services is the next stage of Fannie Mae’s Healthy Housing Rewards initiative, which aims to advance the development of sustainable communities and the availability of affordable housing by encouraging affordable multifamily borrowers to implement healthy design features and resident services […]

Fannie Mae has partnered with Raymond James Tax Credit Funds for a $100 million offering, the GSE’s first investment in LIHTCs since entering conservatorship. While initially hesitant regarding the development, industry players mostly welcome participation from GSEs, who bring stability to a marketplace that saw pricing volatility from tax reform. FHFA made the announcement back […]