A new White House and a new Treasury secretary means exactly what for Fannie and Freddie? We’re about to find out...

Bank of America led a number of other large banks in the third quarter by buying Fannie and Freddie pass-throughs while reducing its Ginnie MBS holdings. (Includes two data charts.)

It’s not clear why Freddie’s multifamily profits in the third quarter were more than doubled that of its sister company. Fannie’s g-fee was higher and its portfolio larger while Freddie’s MBS issuance spiked in comparison.

MBS traders and investors had a field day in October as trades jumped to a high not seen since earlier in the year. Then there’s the Fed …

The announcement comes just a week after Fannie reported a similar error. However, in Freddie’s case, the prepayments only impacted nine pools.

The two GSEs agree that a proposed capital rule would diminish the benefit of credit-risk transfers, but Freddie plans to stay in the market under the current regime. (Includes data chart.)

Freddie has issued several securities backed by re-performing loans during the pandemic. However: Are these loans still protected by the FHFA’s moratorium on foreclosures?

Fannie and Freddie both reported declines in the most severe category of delinquency, but Ginnie's rate was slightly higher in October. (Includes data chart.)

The top officer of Ginnie Mae announced his resignation this week as the nation gets ready for a new occupant in the White House. A successor? Not yet.

Issuance of single-family agency MBS is on track to top $3 trillion this year, with Fannie and Freddie doing most of the heavy lifting. (Includes two data charts.)