The new policy includes the implementation of a waterfall of loan modifications designed to reduce borrowers' monthly mortgage payment by at least 20%.

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

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

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 AU systems embedded in Fannie’s Desktop Underwriter and Freddie's Loan Product Advisor could be impacted...

The share of risk the government-sponsored enterprises is offering to investors is also on the rise.

Fannie and Freddie are facing portfolio losses due to the mortgage market.

The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.

The steepest drop took place at Freddie, while Ginnie securitizations were relatively unscathed.

PennyMac Financial Services CEO David Spector said he’s “very supportive of the GSEs getting into second-lien origination.”