News & Analysis as of

Affordable Housing Freddie Mac

Orrick, Herrington & Sutcliffe LLP

Director Thompson outlines FHFA’s efforts to promote housing access and affordability

On April 18, Sandra L. Thompson, Director of the FHFA, addressed the U.S. Senate Committee on Banking, Housing, and Urban Affairs, emphasizing FHFA’s role in promoting access to affordable housing for homebuyers and renters...more

Lowndes

FHFA Issues Request for Input on Multifamily Tenant Protections

Lowndes on

The Federal Housing Finance Agency (FHFA) has issued a Request for Input (RFI) to gather public input on tenant protections in multifamily properties backed by Fannie Mae and Freddie Mac. The FHFA aims to understand the...more

Seyfarth Shaw LLP

FHFA Releases Multifamily Caps for Fannie Mae and Freddie Mac

Seyfarth Shaw LLP on

For those who may have missed it, the Federal Housing Finance Agency (FHFA) just released the 2022 multifamily loan caps for Fannie Mae and Freddie Mac (the Enterprises) increasing each Enterprise's multifamily cap to $78...more

McGuireWoods LLP

White House Announces Steps to Increase Affordable Housing Supply

McGuireWoods LLP on

On Sept. 1, 2021, the White House announced a set of policies designed to increase the supply of affordable housing, with a goal of producing nearly 100,000 additional affordable homes over the next three years. The policies...more

Maynard Nexsen

Is the Answer to Emerging Housing Crisis an Environmental FastPass?

Maynard Nexsen on

The U.S. housing market is 3.8 million units short of demand as of the end of 2020, according to a recent estimate by mortgage company Freddie Mac. Some of the causes of the current housing crisis are obvious – the COVID-19...more

ArentFox Schiff

Municipal VRDO Class Action Survives Banks’ Request for Dismissal

ArentFox Schiff on

Financial institutions should work with outside counsel to ensure that their internal policies and external actions minimize conduct that may violate state and Federal laws and regulations, and incentivize employees to reward...more

Goodwin

ISS Publishes 2021 Proxy Voting Guidelines

Goodwin on

In the News. Institutional Shareholder Services (ISS) published its proxy voting guidelines updates for 2021, which include new and updated voting recommendations on federal forum and exclusive forum provisions in companies’...more

Allen Matkins

Sustainable Development and Land Use Update - July 2020 #3

Allen Matkins on

San Diego County Board of Supervisors declines to appeal ruling on climate plan - Patch – July 9 - The San Diego County Board of Supervisors has decided against appealing a court ruling that found the county’s Climate...more

Ballard Spahr LLP

Inside the Beltway: Impeachment Inquiry Fuels Gridlock

Ballard Spahr LLP on

The prospect of the U.S. Congress acting on housing reform this year remains unlikely. The House Democrats’ determination to formalize the impeachment inquiry into President Trump’s involvement with Ukraine and begin public...more

Holland & Knight LLP

West Coast Real Estate Update - May 2017 - #3

Holland & Knight LLP on

L.A. to Legalize Residential Units Previously Created in Violation of Building Code - On May 10, 2017, the Los Angeles City Council unanimously approved an ordinance that would permit previously unapproved dwelling...more

Orrick, Herrington & Sutcliffe LLP

Orrick's Financial Industry Week In Review

Financial Industry Developments - Federal Reserve Board Announces Finalized Rule Adjusting the Board's Maximum Civil Money Penalties - On January 18, 2017, the Federal Reserve Board announced that it was adjusting...more

Orrick - Finance 20/20

FHFA Issues Final Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets

Orrick - Finance 20/20 on

On December 13, 2016, the Federal Housing Finance Agency (FHFA) issued a final rule implementing the Duty to Serve provisions mandated by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended...more

Bradley Arant Boult Cummings LLP

FHFA Proposes Rule on Fannie Mae’s & Freddie Mac’s Duty to Serve Underserved Markets

Pursuant to the Housing and Economic Recovery Act of 2008, which amended the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, federal law requires the Federal National Mortgage Association (Fannie Mae)...more

Orrick - Finance 20/20

FHFA Issues Proposed Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets

Orrick - Finance 20/20 on

On December 15, 2015, the Federal Housing Finance Agency issued a proposed rule that would require Fannie Mae and Freddie Mac to provide specific services relating to manufactured housing, affordable housing preservation and...more

Orrick - Finance 20/20

FHFA Finalizes House Price Index Measure for Conforming Loan Limits for Fannie Mae and Freddie Mac

Orrick - Finance 20/20 on

On October 19, 2015, the Federal Housing Finance Agency issued a Final Notice indicating that it will continue to use “expanded-data” House Price Index when establishing Freddie Mac and Fannie Mae’s maximum conforming loan...more

Orrick - Finance 20/20

FHFA Issues Update on the Common Securitization Platform

Orrick - Finance 20/20 on

On September 15, the Federal Housing Finance Agency released An Update on the Common Securitization Platform. The Update includes details on the organizational structure of Common Securitization Solutions, LLC, the joint...more

Locke Lord LLP

2015-2017 Housing Goals for Fannie Mae and Freddie Mac Finalized

Locke Lord LLP on

On August 19th, 2015, the Federal Housing Finance Agency (FHFA) adopted a final rule establishing single-family and multifamily housing goals for Fannie Mae and Freddie Mac for 2015 through 2017. In addition, the final rule...more

Ballard Spahr LLP

Affordable, small, and manufactured housing loans prioritized as GSEs approach volume caps

Ballard Spahr LLP on

The government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, have announced that they are quickly approaching their 2015 volume caps. In January of this year, the Federal Housing Finance Agency (FHFA), who...more

Bilzin Sumberg

FHFA Orders Contributions to Housing Trust Fund

Bilzin Sumberg on

Earlier this month, the Federal Housing Finance Agency (“FHFA”) ordered Fannie Mae and Freddie Mac to begin making contributions to the Housing Trust Fund (“HTF”) and the Capital Magnet Fund (“CMF”). The HTF is a formula...more

Ballard Spahr LLP

One small step for FHFA, one giant step for affordable housing and community reinvestment across the country

Ballard Spahr LLP on

In what may be one of the longest tests of perseverance and intestinal fortitude in the history of legislative advocacy for affordable housing, supporters of the National Housing Trust Fund (NHTF) finally saw their proposal...more

Ballard Spahr LLP

FHFA proposed rule on Enterprise housing goals is open for comments

Ballard Spahr LLP on

Issued earlier this month, a proposed rule from the Federal Housing Finance Agency considers updates to the Agency’s Enterprise housing goals. The rule applies to mortgages purchased by Fannie Mae and Freddie Mac for housing...more

Bilzin Sumberg

New FHFA Head Will Delay Proposed Mortgage Fee Hike

Bilzin Sumberg on

Former North Carolina congressman and the new head of the Federal Housing Finance Agency (FHFA), Mel Watt, has given the public a sneak peek of how he will lead the FHFA. On December 20 he released a statement expressing his...more

Ballard Spahr LLP

Bipartisan Policy Center Proposes New Directions for National Housing Policy

Ballard Spahr LLP on

The Housing Commission of the Bipartisan Policy Center (BPC) recently released proposals for reforming federal housing policy. The Housing Commission report, issued on February 25, 2013, proposes a number of changes to...more

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