GSE Earnings and Financials

GSE Earnings

Data for both GSEs. Columns include net income, net interest income, G fee income, credit expenses, admin expenses, mortgage portfolio, treasury dividend, treasury draw. Data available 2000-2010 yearly and 1Q09-4Q11 quarterly.

2000-4Q11 Data

Poll

Are current mortgage underwriting standards too tough?

Yes, they don’t reflect current market conditions and need to be adjusted to allow borrowers with below 700 FICO scores and smaller downpayments to qualify for mortgages.
Yes, and something needs to be done to significantly reduce repurchase or buyback risk so that lenders don’t apply even tougher underwriting overlays.
No, the standards are appropriate given current risks and the major default problems the mortgage market has experienced over the past several years.

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