Don Layton said critics don’t like credit-risk transfers because they make the GSEs stronger and more durable.

The consensus is that FHFA Acting Director Sandra Thompson wants to cut LLPAs, but if she does, how do the government-sponsored enterprises pay for it?

The regulator of the GSEs said it met most of its goals and subgoals for the past year. And once again, FHFA announced plans to significantly grow its staff.

Bridge Investment Group, a major player in the multifamily sector, said the proposed changes to the enterprise regulatory capital framework could actually increase the capital requirements for the GSEs.

Fannie and Freddie pared back their portfolio holdings designated to support future business in the third quarter. Earnings were down from an eight-year high reached in the second quarter. (Includes data chart.)

The Fed will stop being the hog at the MBS trough, one of these days. Ramifications and opportunities for other buyers?

Issuers are still stocking non-agency MBS with GSE-eligible mortgages for investment properties. Lenders and issuers are considering their options following a suspension of limitations placed on the GSEs.

Some of the Trump-era restrictions placed on the GSEs have been put on hold for at least a year. That includes a cap on acquisitions of mortgages for investment properties.

The blueprint would reverse capital requirements set in December, which offered few incentives for the GSEs to complete credit-risk transfer transactions.

Investors in Freddie’s new When-Issued K-Deal have the right to exchange them for K-deal A-M certificates to be issued in the future.