Goldman issued a similar deal with home equity lines of credit in October.

Sen. Elizabeth Warren, D-MA, said responses to her questions from both Jonathan McKernan, nominee to lead the CFPB, and Bill Pulte, nominee to lead the FHFA, were disqualifying.

Most of the fourth-quarter activity came from the Federal Reserve’s efforts to enhance its holdings of Freddie Mac paper.

A decline in interest rates helped to increase demand for refis and purchase mortgages last week.

For the seventh quarter in a row, the Des Moines bank was the most profitable.

The REIT earned $28.8 million in 2024.

Four deals started marketing Monday, including three expanded-credit MBS.

Fannie Mae is set to issue a credit risk transfer deal tied to a pool of mortgages with an unpaid principal balance of $17.0 billion.

“Any time you can take risk away from the taxpayers and give it to the private market is a win,” he said.

Bill Pulte, nominee for FHFA director, and Jonathan McKernan, the nominee for CFPB director, detailed some of their plans.