The FDIC today released the third installment of its guide to affordable single-family home loan programs, which collects information about programs to expand access to affordable mortgage credit, including programs targeted in rural and low- and moderate-income communities and to Native Americans and veterans.

Testifying on behalf of ABA today at a hearing before the House Agriculture Committee’s Commodity Exchanges, Energy and Credit Subcommittee, banker Nate Franzen outlined several changes ABA is seeking in the upcoming Farm Bill.

The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship.

Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in 2013, the enterprises have transferred $49 billion in credit risk to private investors, amounting to about 3.4 percent of $1.4 trillion in unpaid principal balance.

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process fell in the fourth quarter of 2016 to the lowest level since 2008, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.

The Federal Housing Finance Agency today issued an update on the common securitization platform it is developing to issue the Single Security, a mortgage-backed security to be issued by both Fannie Mae and Freddie Mac.

The American Bankers Association, through its Corporation for American Banking subsidiary, has renewed its endorsement of Fannie Mae’s secondary market options for community banks.

The Trump administration over the next several months will conduct a thorough review of the U.S. financial regulatory system and the Dodd-Frank Act to determine what changes are needed, said Mark Calabria, chief economist for Vice President Mike Pence, today at the ABA’s Government Relations Summit.

Testifying before the Senate Banking Committee today, Housing and Urban Development secretary nominee Dr. Benjamin Carson said he would take a “holistic” approach to affordable housing if confirmed, noting that many factors -- such as healthcare and education -- must be considered when tackling issues affecting low-income Americans.

In this month's Farm Credit Watch, Bert Ely highlights the continued abuses of Farm Credit lender CoBank, which has recently made several large loans to borrowers that are not connected to agriculture.