The first hint of this false identity scheme came through a tip to the SFFR team...

These new placeholder certificates are expected to become the primary way to purchase the A-M and A-2 classes of Freddie K-deals.

Depositories had 43.0% of Fannie Mae and Freddie Mac servicing in the second quarter of 2022.

The GSEs are taking in an increasing amount of loans with higher LTV ratios and lower credit scores.

The mortgage giant netted $4.65 billion in the second quarter, a 6% sequential jump, but a 40% decline from 2Q21.

Freddie's $2.5 billion in profits brings the company's net worth to $34.1 billion.

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.

Thompson tells industry group the fix might require another change to the capital rule.

FHFA HPI dips slightly; foreclosure starts go the other way.

Thompson said, that like most observers, she hadn’t expected Fannie and Freddie to be in conservatorship 14 years after being taken over...