Housing Finance
Statement from NAHB Chairman Randy Noel on FHA Actuarial Report
The FHA report is very encouraging and shows a marked upturn in the health of the FHA Mutual Mortgage Insurance Fund.
Fannie Mae, Freddie Mac Multifamily Lending Caps Hold Steady in 2019
The Federal Housing Finance Agency (FHFA) announced today that multifamily lending caps for Fannie Mae and Freddie Mac will be $35 billion for each enterprise in 2019, unchanged from the 2018 caps.
FHA Extends Multifamily Risk-Sharing Initiative Through Dec. 31
The Federal Housing Administration will extend its multifamily risk-sharing initiative with the Federal Financing Bank for eligible housing finance agencies through Dec. 31, 2018.
Appraisal Proposal Would Increase Threshold for Non-Residential Properties
The National Credit Union Administration is accepting comments on a proposed rule to amend the agency’s regulation requiring real estate appraisals for certain transactions.
Banking Agencies Propose Modifications to Commercial Real Estate Rule
Three banking agencies – the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency – on Sept. 18 invited public comment on a proposed rule to modify the agencies’ capital rules for high volatility commercial real estate.
FHFA Proposes New Rulemaking on Uniform Mortgage-Backed Securities
The Federal Housing Finance Agency (FHFA) announced it is issuing a proposed rule to require Fannie Mae and Freddie Mac (the Enterprises) to align programs, policies, and practices that affect the prepayment rates of “To-Be-Announced” (TBA)-eligible mortgage-backed securities (MBS).
A 10-Year Anniversary Highlights Need for Housing Finance Reform
With Fannie Mae and Freddie Mac now marking their tenth year of conservatorship, NAHB today called on Congress to make it a priority to enact comprehensive reform to the nation’s housing finance system.
GSE Reform Needed Now, Coalition Says
NAHB has joined a coalition of 30 trade associations in the real estate, lending and home building industries to urge Congress and the Trump administration to lock in recent reforms to Fannie Mae and Freddie Mac and take the status of these GSEs out of limbo.
NAHB to Weigh In on Updating Community Reinvestment Act Regulations
The Office of the Comptroller of the Currency has announced it is seeking comments on modernizing Community Reinvestment Act (CRA) regulations and NAHB intends to weigh in.
Fannie Mae, Freddie Mac to Conclude Their Single-Family Rental Pilot Programs
The Federal Housing Finance Agency (FHFA) announced today that it is directing Fannie Mae and Freddie Mac (the Enterprises) to conclude their single-family rental market pilot programs except through their previously existing investor programs.
