This won’t be Ron Klain’s first dance at the White House. He has also served as chief of staff of two vice-presidents: Joe Biden (2009-2011) and Al Gore (1995-1999).

Could investors sink their money into the GSEs only to have Congress convert them into public utilities and closely supervise their g-fees?

Former MBA president David Stevens believes the adverse market fee has nothing to do with COVID-induced risk. “It’s about building up the capital of Fannie and Freddie,” he said.

On the multifamily side of the aisle Fannie purchased 385,763 units in the low-income category. Freddie did even better: 495,451.

The senator flagged the risk of improper foreclosures if servicers begin the foreclosure process before a borrower has an opportunity to either extend forbearance or be evaluated for a modification.

Fannie released a table listing 1,221 pools that were impacted by a servicer reporting error.

Freddie issued $6.4 billion of CRT in 3Q on $167.3 billion of single-family mortgages.

The FHFA director has proposed a new rule that would ensure stakeholders have a say when the GSEs consider new products or activities.

One of the few good things to come out of the COVID crisis is that the GSEs can push forward alternative ways of doing business.

More than 31,000 seriously delinquent borrowers have yet to take advantage of forbearance, according to James Clyburn, chairman of the House Select Subcommittee on the Coronavirus Crisis.