Fannie financed $76 billion through its Delegated Underwriting and Servicing program, while Freddie pumped out $82.5 billion in loan purchases and guarantees.

Freddie’s multifamily structured credit risk notes are structured on actual losses. Previous issuances were based on a fixed-severity formula, which created a gap between when losses were booked and reimbursed.

Their new Senate majority, albeit a slim one, should make it easier for Democrats to pass key budget priorities. But what does it mean for Fannie and Freddie?

According to Congressional bean counters, increasing g-fees would cut the U.S. deficit a cumulative $30 billion through 2030.

While appraisal actions sharply increased from 2019 to 2020, the number of licensed appraisers remained unchanged.

The GSEs plan to increase loan purchases in all three DTS categories: manufactured housing, rural areas and affordable preservation.

New multifamily caps, announced in November, also included changes to the definition of “mission-driven.”

The program has accounted for a cumulative savings of 827 million gallons in water consumed and 152 million kilo-BTUs in energy savings.

Treasury Secretary Steven Mnuchin said he is “not going to do anything that jeopardizes taxpayers.” But his real concerns? How to adequately capitalize Fannie and Freddie first.

The GSEs have consistently exceeded their affordable housing goals. Is it time to raise them?