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.

The Federal Housing Finance Agency acting director said there are lots of questions that must be answered before Fannie and Freddie can exit government supervision.

The FOMC may take significant losses if it opts to sell its low-coupon agency MBS but soaring inflation may make it do so anyway.

Thousands of loans were prematurely removed from Fannie MBS, Mega and Super pools with a financial impact that could approach $2 billion.

Servicers will suspend foreclosure proceedings up to 60 days to allow homeowners to apply for financial aid from the assistance fund.

The former Freddie CEO said that, by expanding the definition and use of CRT, Fannie and Freddie can offer more products with less risk.

Fannie and Freddie say goodbye to the 620 minimum credit score for lower-income homeowners seeking a refinance.