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Mortgage Market at a Crossroads: Confronting Rising Costs & Supply Challenges

An article written by Patomak’s Jason Cave was published today in The Financial Brand: Mortgage credit has become one of the most scrutinized asset classes in the financial, regulatory, and political arenas, and for good reason—Americans now hold over $20 trillion in outstanding mortgage debt, with mortgage debt increasing over 50% from 2013 to 2023. […]

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FHFA RFI Makes Housing and Community Development Mission Achievement a Priority for FHLBanks

On May 16, 2024, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on the Federal Home Loan Banks’ (FHLBanks’) core mission activities and mission achievement. The RFI builds on the November 2023 FHLBank System at 100: Focusing on the Future report (FHLBank at 100 Report), which indicated that clarifying the FHLBanks’ […]