A $2.29 billion reversal in net interest gains and a $1.29 billion provision for losses dampened net income in 2025.

The refi share of GSE business saw its first monthly decline since July, slipping from 37.9% in December to 37.4% in January.

The agencies agreed to implement four recommendations from the Government Accountability Office.

Recent mergers changed the top 10 lenders who delivered loans into Fannie Mae and Freddie Mac mortgage-backed securities, according to the latest ranking and analysis by Inside The GSEs.

A January drop in interest rates helped boost the number of in-the-money refi borrowers, according to a recent report by Intercontinental Exchange.

The Trump Adminstration is said to be considering ways to boost housing affordability through executive order.

Even prior to the policy change, the GSEs’ individual holdings on MBS were above the $40 billion cap.

The addition of Mr. Cooper Group’s portfolio in October more than doubled Rocket’s outstanding GSE servicing as the end of December, to $952.02 billion.

"What we’re looking for is greater insight into what actions they may take," said Peter Federico, president, CEO and chief investment officer of AGNC Investment.

An affiliate of Ellington Management Group is offering its first non-agency MBS with GSE-eligible mortgages.