Former president of the GSE returns in new role after 20-plus years of leadership, bringing more than 30 years of experience in mortgage credit, finance, and capital markets to his new role as an advisor
From a lack of government participants, to AI adoption, to the latest in credit scoring, Lew Sichelman recaps some of the major takeaways from this week’s Mortgage Bankers Association Annual Convention in Vegas
Replacing outgoing President and CEO Priscilla Almodovar, current EVP and COO Peter Akwaboah will hold the title of acting CEO as the GSE continues its search for a permanent CEO
FHFA requesting public comment on the strategic direction of the GSEs “to help restore the American Dream of homeownership for all Americans”
Study finds VantageScore 4.0’s edges over Classic FICO ‘overstated’ or incorrect; VantageScore brushes findings aside
Proposed 5% public offering could reshape the U.S. mortgage market — but a host of risks loom along with potential gains
FHFA gives green light for Fannie Mae and Freddie Mac to approve deal ‘with appropriate safety and soundness guardrails’
Some warn a merger could reduce market competition, raise costs for homebuyers, destabilize the mortgage market
Calls for end to conservatorship, possible merger of Fannie Mae, Freddie Mac to reduce redundancies
Two complaints both seek $1 million in damages for each former employee for total of $82 million