The GSEs’ latest SEC filings reveal a combined capital shortfall of $359 billion at the end of the first quarter. But combined earnings were a healthy $8.21 billion for the quarter. (Includes data chart.)

The FOMC intends to cut its securities holdings by $523 billion by the end of the year.

Industry groups take sides in debate over FHFA’s treatment of nonbank servicers.

Fannie and Freddie addressed FHFA complaints by adding more rigorous and measurable goals to their plans to improve liquidity in underserved mortgage markets.

Freddie disclosed that prepayments on mortgages in 50,000 pools were sometimes not passed through to bondholders.

The GSEs’ regulator renews efforts to collect preferred language information from borrowers.

The Freddie veteran replaces Deborah Jenkins, who left in October.

New rules entitle manufactured home renters to be notified before rent increases or changes in community ownership. Manufactured homeowners receive more leeway to sell their homes, even if they’re in default.

Fannie and Freddie issued CRT on a record $1.052 trillion in UPB in 2021. That’s despite Fannie staying away for the first three quarters.

April MBS issuance volume, which reflects originations, was the lowest monthly output since March 2020, just before the Fed launched a historic surge in refi activity.