Fannie Mae and Freddie Mac issued a record $249 billion of single-family MBS in August while continuing to grow their share of the mortgage market. (Includes two data charts.) Read More

The Structured Finance Association said it is concerned FHFA believes that, if the GSEs have capital levels similar to banks, the need for an explicit guarantee will be eliminated. Read More

Nonprofit groups said the new rule will lead to higher guarantee fees, potentially pricing many low-income families and families of color out of the GSE channel. Read More

The Federal Reserve Bank of New York will have likely added nearly $1.5 trillion of MBS to the System Open Markets Account by January, and the Fed will once again own more than a third of all agency product. Read More

The move indicates that investors holding certain Fannie Mae and Freddie Mac credit-risk transfers can expect losses. Read More

Jeffery Hayward will assume the newly created position of chief administrative officer at Fannie. He will oversee affordable housing, as well as environmental, social and governance programs. Read More

CSS has appointed Jina Hong as senior vice president and chief audit executive and Juanita Russell as senior vice president and chief financial officer. Read More

Homeowners affected by natural disasters can often suspend their payments for up to 12 months without incurring any late fees. Read More

According to the CFPB’s own estimate, as many as 957,000 loans would be affected by the expiration of the patch. Read More