GSEs

Affordable housing and legal expert Sharifa Anderson returns to the government-sponsored enterprise after prior roles at the Federal Home Loan Bank of Pittsburgh and HUD.

In an open letter to Sandra L. Thompson, President Biden’s nominee for Director of the Federal Housing Finance Agency, two longtime advocates of the Federal Home Loan banks suggest a new path forward.

Former principal economist at the Federal Housing Finance Agency does the math on how the changes impact the missions of Fannie Mae and Freddie Mac.

LoanLogics, a Sun Capital affiliate, has purchased LoanBeam, a company with approvals from major government-related housing finance investors to provide digital processing and income calculations for tax documents.

Chryssa Halley, who has been with the company since 2006, was named CFO and Jim Holmberg was named controller.

Demand for advances from the Home Loan banks has plummeted as the Federal Reserve has flooded the financial system with liquidity. But with a nudge from Congress, these government-sponsored enterprises could remain relevant by broadening their mission and opening membership to more lenders.

The Federal Housing Finance Agency should consider allowing small depositories — those defined by regulators to be below $10 billion in total assets — to again make use of structured transactions for seasoned, performing loans, writes the chairman of Whalen Global Advisors.

More aggressive pursuit of government-related agencies’ affordable housing mission is expanding product availability, but government intervention can be a double-edged sword.

Numbers fell across all investor types, but exits hit their slowest pace since August.

Also, Freddie Mac and Fannie Mae's securitization platform shuns private-label market, UniversalCIS and Credit Plus merge and Arizent research shows work remains to reach industry DEI goals.