Fannie and Freddie issued CRT on a record $1.052 trillion in UPB in 2021. That’s despite Fannie staying away for the first three quarters.

The agency’s finalized strategic plan is almost unchanged from the draft version, despite recommendations and criticisms from mortgage industry stakeholders.

Megabanks topped the list of GSE servicers in the first quarter of 2022, but they continued to lose market share to nonbank servicers. (Includes two data charts.)

Early comments suggest widespread concern that the proposed increases in liquidity and capital requirements for GSE seller/servicers are unnecessary and maybe counterproductive.

The industry veteran asks: If the GSEs lose their largest buyer, where will the money come from to support the 30-year, fixed-rate mortgage?

The new repeat-sale index includes both GSE and non-GSE transactions and is augmented by appraisal data in regions with few sales. Plus, it’s free.

Economists use risk-based models of future GSE cash flows to calculate costs of the government’s backing of catastrophic losses.

Allowing the FHLBanks to offer letters of credit backed by locally issued tax-exempt bonds could speed work on waste and water treatment facilities, road and bridge repairs and other municipal infrastructure.

The deal will help support the development of 1,500 units of senior housing in Arizona, more than half of which will be affordable to renters with incomes lower than 50% of AMI.

A group of 22 insurers and reinsurance companies are now on the hook for $844.8 million in mortgage credit risk on $23.1 billion in single-family loans.