Nonbanks have increased their role in the selling and servicing of Fannie/Freddie mortgages. Nonbanks also sell somewhat riskier loans for which the GSEs are paid higher guarantee fees.

Fannie Mae and Freddie Mac got proportionally more of their single-family business from large-volume sellers in the first quarter, although production was down sharply in every seller category. [Includes two data charts.]

Fannie Gets New Board Members; Freddie Announces $1.4 Billion K-Deal; Fannie Names New General Counsel.

Mortgage sellers repurchased just $833.7 mil-lion of single-family loans from Fannie Mae and Freddie Mac mortgage-backed securities last year, according to a new Inside the GSEs analysis. [Includes one data chart.]

Fannie Mae last week announced that it would begin marketing its 10th sale of reperforming loans. Citigroup Global Markets will handle the marketing.

California-based Sabal Capital Partners, one of the earliest partners in Freddie Mac’s Small Balance Loan Program, broke a record this month when it sold the enterprise a portfolio of 39 small-balance loans worth $189 million. All the underlying properties are in East Harlem.

Single-family mortgage business at Fannie Mae and Freddie Mac slumped in the fourth quarter of 2018 as purchase-mortgage activity faded, according to a new Inside The GSEs analysis of mortgage-backed securities disclosures. [Includes two data charts.]

At 21 days, the current government shutdown ties for the longest on record, and its impact on the GSEs and housing finance remains fluid.