Fannie Mae's "account surplus" with Uncle Sam continues to grow...

An $8.8 billion profit for the first-half of 2018 ... Not bad...

Rep. Maxine Waters, D-CA, is none too thrilled with plans by the Treasury Department and Comptroller of the Currency to open up federal banking charters to fintech firms.

Fannie Mae and Freddie Mac generated a combined $6.96 billion in net income during the second quarter of 2018, down from $7.19 billion in the first three months of the year. While Fannie posted a solid 4.6 percent quarterly increase, hitting $4.46 billion in the most recent period, Freddie’s net income was down 14.5 percent from the first quarter. At the midway point in 2018, both government-sponsored enterprises were way ahead of where they were in the first six months of last year ...

Fairholme: “Fund performance was disappointing in the first half mostly due to the decline in the preferred shares of Fannie Mae and Freddie Mac…”

A prediction: “Watch for an end to the GSE conservatorships under a Republican Director at the FHFA...

CEO Don Layton: "...we are generating a consistent stream of new innovations for our customers."

Once the $1.6 billion is upstreamed to Treasury, Freddie will have an account surplus of $42.4 billion...

Layton said Freddie is exploring the use of additional credit risk transfers...

Fannie and Freddie have increased their market share in multifamily to 60 percent compared to 52 percent two years ago, according to former Obama administration official Michael Stegman…