By allowing the FHLBanks to once again provide credit enhancement for tax-exempt bonds, the bill’s sponsors hope it will reduce financing costs for community development in smaller municipalities.
New research — commissioned and funded by VantageScore — attempts to estimate the cost savings created by future competition between VantageScore and FICO.
The income assessment portion of Fannie’s Selling Guide has been significantly restructured, moving and rephrasing many sections, changing some policies and introducing new ones.
Fannie Mae’s retained mortgage portfolio surpassed the size of Freddie Mac’s in January, a first since 2022 as Fannie is adding to its MBS holdings at a faster rate than Freddie.
Despite drifting slightly lower at yearend, bank holding companies in 2025 increased the volume of MBS and ABS held in trading accounts. (Includes two data tables.)
Ken Michlitsch, managing director of the alternative lending group at Morgan Stanley, said the ABS structure was designed to address the needs of both insurance clients and asset managers.