Lance Drummond will succeed Sara Mathew as Freddie board chair. Mathew is set to retire in February.

CAS, STACRs, CIRT and ACIS volume were all down sharply during the first nine months as origination volume continued to decline. (Includes data table.)

The GSEs’ shareholders racked up one win and one loss last week in their legal battle to overturn the net worth sweep.

Fannie Mae and Freddie Mac released details on FHFA’s new policy of extending natural disaster-related reps-and-warranty relief to mortgagees impacted by the pandemic.

If FHFA follows through on the shift from the tri-merge to a bi-merge system, two million borrowers currently eligible for a GSE mortgage would no longer qualify, according to a report from TransUnion.

Documents show FHFA entered into 36 settlement agreements between January 2019 and September 2021 to resolve employee disputes.

Freddie takes steps to ensure its older multifamily housing stock is in adequate repair. This is particularly crucial for properties in affordable housing programs.

An audit by FHFA’s Office of Inspector General found that the agency’s Office of Housing and Regulatory Policy hasn’t conducted adequate oversight of the new reports.

Fannie celebrates 10-year anniversary of CRT program; results of the GSE’s fifth tender offer.

Declining volumes at large sellers in the third quarter shifted market share to small shops. United Wholesale Mortgage remained the top GSE loan seller during the quarter. (Includes two data charts.)