During a confirmation hearing last week, Trump’s nominee to head FHFA was noncommittal in response to questions about GSE reform, a hint that the administration has other priorities.

Senate Banking Committee members seek clarity over HUD Secretary Scott Turner’s statement that he would lead the process of ending the conservatorships of Fannie Mae and Freddie Mac.

A friendlier stance towards cryptocurrency companies from the White House could boost crypto-backed mortgages in the coming years.

A full plate of agenda items and a lack of experienced leadership makes a GSE exit from conservatorship unlikely under the new administration.

Rithm issued seven MBS deals last year and expects to continue growing its securitization business in 2025.

FHFA may push Fannie Mae and Freddie Mac to increase LLPAs on mission-adjacent loans to drive more loan sales to the private market.

FHFA must turn conservatorship directives into regulations before releasing the GSEs from conservatorship, according to former agency director Mark Calabria. But an explicit guarantee is unnecessary, he said.

Responding to written questions from the Senate Banking Committee, Trump’s new Treasury secretary gave the mortgage industry limited insight into his views on GSE reform.

Trump’s nominee for FHFA director has drawn strong support from some quarters, but also some reservations.

It was largely business as usual for Fannie Mae and Freddie Mac in the fourth quarter. But going forward, the Trump administration could make moves to reduce the two GSEs’ activity. (Includes data table.)