Investors Unite, a group of Fannie Mae and Freddie Mac shareholders seeking to reverse the so-called net profit sweep — the mechanism by which the Federal Housing Finance Agency sends all GSE profits to the Treasury as dividends — held a sort of figurative rally last week to celebrate a recent string of legal victories.

Fannie Mae and Freddie Mac issued a combined total of just $51.86 billion of single-family mortgage-backed securities in January, their lowest monthly production since February 2016. [Includes two data charts.]

The supply of Freddie Mac single-family mortgage servicing rights grew at more than twice the rate of increase in Fannie Mae product during 2018, according to a new Inside the GSEs analysis and ranking. [Includes two data charts.]

Freddie Mac last week announced the creation of its latest vehicle for credit risk transfer — the Multifamily Credit Insurance Pool.

Merchant Capital, an affordable housing lender based in Carmel, IN, announced in late December that it used Freddie Mac’s first official non-LIHTC forward commitment to secure financing for a $19.7 million workforce housing development in Rochester, MN.