Fannie tender results; Fitch revises outlook for Freddie multifamily; Fannie announces winner of non-performing loan sale.

President Trump said he’s seriously considering letting Fannie Mae and Freddie Mac go public. Industry participants are now waiting for specific details.

FHFA Director Bill Pulte criticized recent cost increases by FICO and indicated he’ll continue the move from Classic FICO to a combination of FICO 10T and VantageScore 4.0.

Speaking at the MBA’s secondary and capital markets conference this week, Fannie and Freddie executives appeared to tailor their remarks to address the priorities of the new FHFA director.

If confirmed as Treasury’s head of domestic finance, Jonathan McKernan could have a say in whether the GSEs are released from conservatorship. If so, he may have to renounce an FHFA rule created when he was senior counsel at the agency.

At the urging of FHFA Director Bill Pulte, Freddie is accelerating its release of “on hold” technologies that may help cut origination costs.

Fannie’s Desktop Underwriter and Freddie’s Loan Product Advisor were both updated to include FHFA’s 2025 area median income figures. The changes affect eligibility for duty-to-serve and affordable housing programs.

Using HMDA data, an academic researcher shows that the guarantee fees charged by the GSEs are above-market rate based on risk-adjusted profits.

Fannie announces tender offer; Freddie prices SLST securitization; winners announced for Fannie NPL sale.

Freddie’s guarantee book of business rose from $3.104 trillion at the end of 2024 to $3.115 trillion as of the end of March. Fannie’s fell from $3.622 trillion to $3.610 trillion. (Includes data table.)