The mortgage giant’s credit-risk transfer program got 2022 off to a good start with its first CIRT transaction of the year.

The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.

A windfall for Fannie and Freddie last year means their contributions to the Housing Trust Fund and the Capital Magnet Fund are up 3.9% for the year.

Sharifa Anderson has been appointed to the newly created position of senior vice president for diversity and inclusion at the government-sponsored enterprise.

Also on the table: Will there be just one credit score model, or will lenders be able to select from multiple options?

Fannie economists demonstrate that mortgage expenses only account for about 30% of homeownership costs, with g-fees accounting for just a small fraction of that.

The new requirements would distinguish between large and small servicers and whether that servicing covers GSE loans or Ginnie Mae loans.

Outstanding Federal Home Loan Bank advances ticked up at the end of 2021, halting a nearly two-year decline. (Includes two data charts.)

The ruling makes it unlikely GSE shareholders will ever receive compensation for the value they lost through the net worth sweep.

Credit-related income boosts profits at Fannie Mae; fair value losses at Freddie Mac keep net income growth in check.