The Trump administration made substantial progress toward ending the conservatorship of Fannie Mae and Freddie Mac.

A working paper from the FHFA used data from appraisals to estimate energy usage across time.

Lenders took an average pre-tax loss of $645 per loan originated in the first quarter compared with an average loss of $2,109 per loan in the previous quarter.

Fannie Mae and Freddie Mac issued $428.04 billion of Supers deals backed by first-level uniform MBS during the first quarter of 2024.

The 30+ day delinquency rate stood at 3.09% at the end of April.

Those opposed include the American Bankers Association, the Housing Policy Council, the Securities Industry and Financial Markets Association, the Structured Finance Association and U.S. Mortgage Insurers.

The top FHLBank borrower remains JPMorgan Chase with $39.22 billion in outstanding advances at the end of the first quarter.

Brent Giese, executive director for fixed income at Daiwa Capital Markets, said the new margin requirements will put additional financial stress on mortgage lenders.

Sales of existing homes declined by 1.9% on a monthly basis in April.

Pete Mills, a senior vice president of residential policy and strategic industry engagement at the MBA, wrote that the proposal has theoretical benefits but they’re impossible to assess given the limited details FHFA included in the request for comments.