Waters Demands McWilliams Justify RFI Blockade
As promised last week, HFSC Chairwoman Waters (D-CA) today formally requested that FDIC Chair McWilliams advise the committee of the legal authority on which she relied to prevent issuance of the merger RFI (see FSM Report MERGER9).
FHFA Strengthens Affordable-Housing Goals
FHFA today finalized the GSEs’ affordable-housing goals, keeping single-family goals as proposed for 2022-2024. Fannie and Freddie both supported the single-family benchmarks, with Fannie in fact supporting even higher ones.