An continued implicit guarantee would be welcomed by MBS investors.

The rate of growth for non-agency MBS outstanding in 2024 was four times that of the growth in agency MBS.

“These programs have served as critical tools in expanding access to affordable homeownership, particularly for first-time and low- to moderate-income homebuyers,” NAMB said of special purpose credit programs at the GSEs.

FHFA Director Bill Pulte is posting pictures of printed memos on X to announce FHFA policy changes.

Fitch has avoided rating home equity investment securitizations as well as deals stocked with loans underwritten with less-than-full documentation.

David Brickman, the CEO of Freddie Mac from 2019 to 2021, argued that 16 years of conservatorship have increased inefficiencies at the GSEs.

Home prices increased by 0.2% on a monthly basis in January, according to FHFA.

Not to be forgotten, Canada holds $156.0 billion of agency product.

Freddie President Michael Hutchins will step in as interim CEO.

The volume of single-family mortgage servicing tied to Ginnie Mae rose 7.3% on an annual basis to $2.541 trillion as of the end of 2024.