In a month of flip-flops, the largest lenders recorded increases in production and Freddie’s volume topped Fannie’s. (Includes two data charts.)
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FHFA is expected to produce a long list of recommended actions to modernize the FHLBank system, but large-scale reform will probably require legislation.
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Unsealed documents in the pre-trial filings for Fairholme v. FHFA reveal the names of prominent witnesses expected to testify in the October jury trial.
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Former Freddie CEO Don Layton joins critics who argue that, based on the results of the 2021 DFASTs, the current capital rule is far too conservative.
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A big first half of CRT activity brings Freddie’s total issuance to date to nearly $100 billion covering single-family mortgages with an original balance of more than $3.5 trillion.
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