Former Fannie and Freddie CEOs question the durability and utility of the uniform MBS in a post-conservatorship mortgage market.

Analysts worry that FHFA’s more hands-on intervention in GSE management may hint at the return of the net worth sweep and the dashing of any hopes of an end to the conservatorships.

Among other moves, Bill Pulte installed himself as board chair for the two government-sponsored enterprises.

Three former CEOs of the GSEs this week debated the impact of federal conservatorship, what steps must be taken to safely end the oversight and what the GSEs should look like afterwards.

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.