Since the financial crisis, Fannie’s single-family book of business has posted a loss rate of 31.5 basis points. In contrast, residential loans at commercial banks averaged a loss rate of 86 bps, 5.7 times higher.

The high court decision could impact how other independent federal agencies — such as the Federal Housing Finance Agency — operate.

In its annual report to Congress, the FHFA recommended legislation that will allow it “to examine the records, operations and facilities” of all Fannie/Freddie servicers.

Renters can now find out if the property they live in has a Fannie Mae or Freddie Mac mortgage, which can protect them from eviction.

Fannie Mae and Freddie Mac will purchase single-family mortgages that are in forbearance. But there’s a catch: steep LLPAs.

An FHFA spokesperson said that, while Director Mark Calabria hasn’t issued a specific directive on providing credit, he has made it very clear that Fannie and Freddie must prioritize their own safety and soundness.

Former Freddie Mae CEO Don Layton suggests short- and long-term solutions for the liquidity problems faced by nonbank mortgage servicers.

Federal Reserve operations this week swallowed up more than $39.8 billion in agency MBS, including about $31.7 billion in uniform MBS.

Mortgage industry trade groups have once again urged Congress to not allow the use of g-fees to fund non-housing-related activities.

Wells Fargo Securities analysts said if there is going to be a hike in g-fees, it’s likely to be instigated by FHFA Director Mark Calabria.