A Washington D.C., jury ruled in favor of stockholders who disputed the federal government’s handling of Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) during the 2008 financial crisis. The jury ruled that the Federal Housing Finance Agency (FHFA) acted...
A coalition of 18 national trade associations representing the stakeholders in the housing industry sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase rents,...
On July 30, 2008, President George W. Bush signed the Housing and Economic Recovery Act of 2008 (HERA), which established the Federal Housing Finance Agency (FHFA). One provision of that act gave the FHFA authority to place its regulated entities into conservatorship...
U.S. Sens. Mike Braun (R-IN) and Roger Marshall (R-KS) have introduced the Middle Class Borrower Protection Act to reverse the Federal Housing Finance Agency’s (FHFA) recent mortgage rule that changed to the Loan-Level Price Adjustment (LLPA), which many critics...
A coalition of 18 Republican governors called on the Biden administration to reverse the Federal Housing Finance Agency’s (FHFA) changes to the Fannie Mae and Freddie Mac loan level pricing adjustment (LLPA) structure for borrowers seeking a mortgage. “The new LLPA...