“The entire portfolio has experienced overwhelmingly positive rating pressure,” Fitch said of GSE CRT issuance.

The Trump administration is describing The Great American Mortgage Corp. as "the all new Fannie Mae and Freddie Mac: bigger and better than ever."

A footnote in Fannie’s second-quarter earnings presentation explains the calculation.

Private MI covered 16.4% of new mortgage production in the second quarter.

Plenty of talk of a GSE IPO but few specifics thus far on the mechanics for the secondary mortgage market.

The FHFA director said the Trump administration's planned sale of GSE stock would be small, if it happened at all.

FHFA is working on changes to the GSEs' loan-level price adjustments, according to FHFA Director Bill Pulte.

William Lansing, CEO of Fair Isaac Corp., said the move would encourage lenders to shop for the most lenient credit score in order to qualify more borrowers for GSE loans.

Although President Trump didn’t specifically mention a merger, that appears to be the implication of the post.

Among the top 10 agency MBS issuers in July, just one was owned by a federally insured depository: Amerihome.