Trade groups are resigned to whatever model FHFA chooses, but they need data on how it performs compared to FICO to set up their own systems and procedures.

Donna Corley, Freddie’s head of single-family, said borrowers will soon be able to use the Choice Renovation product to finance the construction of accessory dwelling units and count the rent toward income.

Hundreds of organizations and individuals will compete for seed money to support their plans to advance equity in housing.

With their unguaranteed subordinate tranches, the K-series was the first enterprise security to transfer credit risk to private investors.

The regulator of Fannie Mae and Freddie Mac is now a member of an organization that says climate change poses a serious risk to the financial system.

The GSEs’ latest SEC filings reveal a combined capital shortfall of $359 billion at the end of the first quarter. But combined earnings were a healthy $8.21 billion for the quarter. (Includes data chart.)

The FOMC intends to cut its securities holdings by $523 billion by the end of the year.

Industry groups take sides in debate over FHFA’s treatment of nonbank servicers.

Fannie and Freddie addressed FHFA complaints by adding more rigorous and measurable goals to their plans to improve liquidity in underserved mortgage markets.

Freddie disclosed that prepayments on mortgages in 50,000 pools were sometimes not passed through to bondholders.