Federal Housing Finance Agency (FHFA)

NH&RA News

NH&RA Hosts ICAST IRA & BIL Instant Benefit Estimate Calculator

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

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).

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

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.

Federal Housing Finance Agency

HUD & FHFA Enter into Fair Housing, Lending MOU

HUD and the Federal Housing Finance Agency (FHFA) entered a Memorandum of Understanding (MOU) to enhance their enforcement of the Fair Housing Act. The MOU allows HUD and FHFA to enforce fair housing and fair lending requirements by promoting information sharing, coordination on investigations, compliance reviews and the ongoing monitoring of Fannie Mae and Freddie Mac.

Federal Housing Finance Agency

FHFA Hosts Multifamily Radon Standards Listening Session – July 20

On July 20 at 1 p.m. ET the Federal Housing Finance Agency will hold a listening session on radon testing and mitigation at Fannie Mae and Freddie Mac (the Enterprises) multifamily properties. Register here.

Federal Housing Finance Agency

Biden Appoints Acting FHFA Director after SCOTUS Decision Affirms Presidential Authority

Last week the Supreme Court of the U.S. (SCOTUS) ruled 7-2 in Collins v. Yellen that the director of the Federal Housing Finance Agency (FHFA) is removable by the president. The court ruled that the Housing and Economic Recovery Act’s structure, which restricts the President’s power to remove the FHFA director, violates the separation of powers. 

Federal Housing Finance Agency

FHFA Extends COVID-19 Forbearance through June 30

The Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac will offer COVID-19 forbearance to qualifying multifamily property owners through June 30.

Federal Housing Finance Agency

FHFA Authorizes More than $1 Billion to NHTF, CMF

The Federal Housing Finance Agency (FHFA) announced the authorization of more than $1 billion in affordable housing allocations to Fannie Mae and Freddie Mac, the largest disbursement in history. HUD’s National Housing Trust Fund (NHTF) will receive $711 million and the Department of the Treasury’s Capital Magnet Fund (CMF) will receive $383 million.

Federal Housing Finance Agency

FHFA Announces 2021 Multifamily Loan Purchase Caps for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) announced that the 2021 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion for each Enterprise. NH&RA applauds the increased caps and looking forward to working with FHFA, Fannie Mae and Freddie Mac to ensure sufficient liquidity in the multifamily mortgage market during this economic downturn.

Federal Housing Finance Agency

JCHS: Common-Sense GSE Reform Recommendations for the Biden Administration

Don Layton authored a new paper with Harvard Joint Center for Housing Studies, What Should We Do with the GSEs? Common-Sense Reform Recommendations for the Biden Administration. Layton concludes that the new administration, if it is to successfully address the GSE question, must follow one of two possible paths in the next twelve to twenty-four months.

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