February 14, 2025By Dennis HollierGSEs: Stable Profits in Tough TimesThe sign of a good business model is one that makes profits in good times and bad. Fannie and Freddie have shown strong profits throughout the post-pandemic downturn. (Includes data table.)
January 3, 2025By Dennis HollierFreddie Mortgage Purchases Surpass Fannie in 2024It’s the first time Freddie’s MBS business has been larger than Fannie’s on an annual basis since 1991.
November 1, 2024By Dennis HollierGSE Earnings Resilient in a Tight Housing MarketRemarkably steady net revenues at the GSEs mean fluctuations in profits are mostly due to below-the-line expenses. (Includes data table.)