Fitch Ratings affirmed its ratings of both master serving and special servicing for Freddie’s multifamily business.

The enterprise’s board approved amendments to the bylaws governing shareholder notice and annual meetings.

The timing of credit-related benefits and losses affected the profits of Fannie and Freddie in the first half of 2022. (Includes data chart.)

The former FHFA director said, given the Federal Reserve’s commitment to fight inflation, home prices could fall by double digits in percentage terms over the next few years.

Conservative economist Douglas Holtz-Eakin said the Federal Reserve’s exit from the MBS market is helping drive up interest rates in the affordable housing space. The remedy, he said, is GSE reform.

WI certificates are expected to become the primary way for investors to acquire the A-M and A-2 classes of Freddie’s signature K-deals.

During a recent congressional hearing, FHFA Director Sandra Thompson said the agency will conduct a 90-year lookback as well as a forward-looking analysis of the FHLBank system.

The two transactions leave insurers on the hook for a combined $1.02 billion in losses.

HR veteran Katie Jones has joined the enterprise from PRA Group, a global debt collections firm based in Virginia.

Dennis Hermonstyne named as CCO at the GSE.