Over the past two weeks, Freddie courted the debt market with four multi-family offerings worth a total of $2.93 billion.

Fannie continues to cut the size of its retained mortgage portfolio.

Fannie and Freddie once again turned in stellar results. In the first quarter, profits increased along with their net worth positions. (Includes data chart.)

The amended PSPAs require Fannie and Freddie to abide by the new QM rule, even though the rule doesn’t formally go into effect until Oct. 1, 2022.

FHFA says appraisal waivers may subside after the agency reviews comments in its outstanding RFI. However, the cash window caps may be here for a while.

Fannie and Freddie hope to repeat their success with green multifamily MBS on the single-family side of the business. They’re also expanding their ESG offerings into social and sustainable bonds.

The January amendments to the PSPA require the GSEs to follow the new QM rule, even though CFPB may not enforce the rule until October 2022. That means Fannie and Freddie will no longer purchase GSE patch loans after July 1.

Mortgage industry observers increasingly argue that Fannie Mae and Freddie Mac should be regulated as utilities. But conservative critics say, “Not so fast.”

Federal Reserve Bank of New York economists look for ways to improve the market-making capacity of prime dealers for agency MBS.

The GSEs will provide investors with new loan-level and security-level data beginning June.