Historic home price appreciation and record low interest rates helped Fannie and Freddie increase income and cut costs. (Includes data chart.)
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Refinance business continue to drop sharply at both GSEs, but Freddie recorded a solid gain in purchase-loan acquisitions. (Includes two data charts.)
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Despite early criticism of Senate plans to use the 10-basis-point g-fee to help pay for a bipartisan infrastructure bill, industry groups have been more muted since the text of the bill became public.
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Wertheimer’s replacement previously served as chair of CIGIE, the independent agency that excoriated the departing IG for fostering a culture of intimidation.
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