Fannie and Freddie combined to issue $266 billion of single-family MBS in October, the third monthly production record set this year. Many top sellers shifted a little more of their GSE business to Freddie. (Includes two data charts.) Read More

Fannie and Freddie reported a combined profit of $6.69 billion in the third quarter, a 54.8% sequential increase. However, year-to-date profits were down more than 19% due to COVID and CECL implementation. (Includes data chart.) Read More

Could investors sink their money into the GSEs only to have Congress convert them into public utilities and closely supervise their g-fees? Read More

Former MBA president David Stevens believes the adverse market fee has nothing to do with COVID-induced risk. “It’s about building up the capital of Fannie and Freddie,” he said. Read More

As of the end of August, eight individuals had either been indicted or charged in criminal complaints related to PPP fraud. Read More

On the multifamily side of the aisle Fannie purchased 385,763 units in the low-income category. Freddie did even better: 495,451. Read More

The senator flagged the risk of improper foreclosures if servicers begin the foreclosure process before a borrower has an opportunity to either extend forbearance or be evaluated for a modification. Read More

Sheila Bair, when she served as FDIC chair, played a major role in strengthening capital standards through the Basel Accords. Read More

Fannie released a table listing 1,221 pools that were impacted by a servicer reporting error. Read More

Freddie issued $6.4 billion of CRT in 3Q on $167.3 billion of single-family mortgages. Read More