Treasury, which administers the capital magnet fund, uses the money to provide competitive grants to community development financial institutions and nonprofit housing organizations.

New clarifications in Fannie's selling guide may cause some second homes and investment properties to be miscategorized as short-term rentals.

The industry veteran joins a growing list of highly regarded members of GSE leadership who have recently decamped for greener pastures in private enterprise.

Until the Treasury Department and the Federal Housing Finance Agency amended their preferred stock purchase agreement in January, a $25 billion net worth was the threshold for restarting the net worth sweep of Fannie's quarterly profits.

At Freddie Mac alone, 62 sellers topped the $1.5 billion marker for cash sales in 2020.

Mortgage applications fell by 4%, with declines in requests for both refinances and purchase mortgages.

Mortgage-backed security issuance by the GSEs offers one metric to feed into the crystal ball.

Coronavirus-related forbearance on mortgages serviced for the GSEs can extend three months past the initial 12-month deadline, according to the FHFA.

Valon, formerly known as Peach Street, plans to use the funds to hire and acquire...

Rather than ending the net worth sweep outright and agreeing to write off some of its preferred shares, Treasury is essentially simply allowing Fannie Mae and Freddie Mac to continue their practice of retaining earnings.