Third-quarter profits at the government-sponsored enterprises go up and down with their credit reserves. (Includes data table.)

Despite steady revenues, profits sagged as Fannie provisioned for losses in its multifamily business.

One advisor, requesting anonymity, said he had a couple of clients who took “double-digit” markdowns.

Annaly Capital Management increased its non-agency correspondent activity during the third quarter.

High interest rates may mean lower acquisition volumes for the GSEs, but they also mean slower prepayment speeds for the mortgages in the agencies’ guarantee books of business. (Includes data table.)

Lender liquidity accounts of the government-sponsored enterprises grew faster than profits as volumes increased. (Includes data table.)

Second-quarter acquisitions increased at the government-sponsored enterprises, but profits remained stable as credit reserves shifted.

Another CEO who received a large comp hike last year even though his company posted a huge loss was Vishal Garg of Better Mortgage...

Acquisitions may be the lowest they've been since the 3Q20, but accounting rules keep earnings on an even keel.

Finance of America took another loss in the third quarter as the firm works to integrate American Advisors Group.