The GSEs earned a combined $20.5 billion in theoretical net income under the severely adverse economic scenario of the 2022 stress tests. But those returns would vanish if they had to reserve for deferred tax assets.

The latest Freddie tender offer attracted less interest, with investors cashing in fewer certificates than for previous offers.

The former Credit Suisse executive will replace J. Douglass Watt, who is retiring in November.

Mortgage fraud has gone beyond borrowers simply falsifying income and employment information.

The regulator of the GSEs rejiggers its leadership team, firming up supervision of its Divisions of Housing Mission and Goals and Bank Regulation.

Fitch Ratings affirmed its ratings of both master serving and special servicing for Freddie’s multifamily business.

The enterprise’s board approved amendments to the bylaws governing shareholder notice and annual meetings.

The overall delinquency rate in agency MBS inched up to 1.97% at the end of June. All of the increase in late payments was seen in the Ginnie Mae program. (Includes data chart.)

It’s been a bit quiet on the mortgage company M&A front the past few months, but a few deals are getting done, including Two Harbors agreeing to buy RoundPoint Mortgage.

A bill brought by Democrats that would allow consumers to require the consideration of alternative data such as rent and utility payments in underwriting their mortgage recently cleared the House Financial Services Committee.