Freddie Mac CEO David Brickman said the GSE has changed, exponentially, in its ability to understand and analyze risk.

The new strategic plan lays out three objectives. However, the agency’s parameters are both general and vague. Don’t bet on legislation.

Freddie prices more than $2.8 billion in multifamily K-deals; Fannie prices $998 million CAS REMIC.

Asked whether freeing the GSEs from conservatorship might enrich hedge funds, FHFA Director Mark Calabria said he would be willing to zero out their interests.

Fannie and Freddie once again posted strong earnings but the results would have been even better if not for large hedging charges. (Includes data chart.)

The case hinges on whether the single-director structure of FHFA is unconstitutional.

Although six of the 11 FHLBs increased the share of women in senior management, at three banks the share of women actually declined.

Freddie elects former SEC Commissioner Kathleen Casey to the board; Fannie executes sixth credit insurance risk transfer deal of 2019.

The shareholders want the SCOTUS to reverse the sweep. They argue that if the FHFA is unconstitutional, then all of its actions were illegal.

The agency reached a settlement with Simone Grimes, who had accused her former boss, then-FHFA Director Mel Watt, of sexual harassment.