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Fannie Profits Up From 1Q22, Down From 2Q21

July 29, 2022
Dennis Hollier
The mortgage giant netted $4.65 billion in the second quarter, a 6% sequential jump, but a 40% decline from 2Q21.
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Freddie Mac Profits Wane

July 28, 2022
Dennis Hollier
Freddie's $2.5 billion in profits brings the company's net worth to $34.1 billion.
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GSEs Slow CRT Issuance Amid Market Headwinds

July 27, 2022
Brandon Ivey
Spreads are widening on CRT products, indicating a lack of investor interest. Simultaneously, the GSEs are reducing their deal sizes and issuance is expected to decline.
Read More

FHFA Working on Fix for Commingled Securities Fee

July 26, 2022
Dennis Hollier
Thompson tells industry group the fix might require another change to the capital rule.
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Short Takes: House Price Appreciation Still Tops 18%; Fannie Taps New Chief Human Resources Officer; Foreclosure Starts on the Upswing

July 26, 2022
Dennis Hollier
FHFA HPI dips slightly; foreclosure starts go the other way.
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New FHFA Chief Thompson Says GSEs’ Fate Up to Congress

July 21, 2022
Dennis Hollier
Thompson said, that like most observers, she hadn’t expected Fannie and Freddie to be in conservatorship 14 years after being taken over...
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FHFA Will Address UMBS Fee on Commingled Securities

July 19, 2022
Brandon Ivey
FHFA's Sandra Thompson: “We’ve got some options that we’re considering in the short-term"...
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FHFA Nods to Fintech's Role in Housing Finance, Creates a New Office

July 19, 2022
Dennis Hollier
The agency said it wants to foster the safe, sound and responsible use of technology in the mortgage process.
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Short Takes: GSE Reform on the Horizon? (Hardly) / The Mid-Terms / A Limited Life / Stress Relief for Mortgage Companies? / Buy American (Homes)

July 18, 2022
Brandon Ivey and Paul Muolo
Hope for legislative reform of Fannie Mae and Freddie Mac? Not really...
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A Ratings Upgrade for Fannie and Freddie

July 14, 2022
Dennis Hollier
The upgrade piggybacks on Fitch’s recent revision of its ratings outlook for Uncle Sam and his IDRs...
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