“Ultimately the goal is to continue to find ways to do more at a lower cost,” said one large unidentified lender surveyed by Fannie.

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

Refi applications increased by 23% on a weekly basis last week.

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

Mortgage portfolios at Fannie Mae and Freddie Mac increased steadily throughout 2024 before declining during the first quarter of 2025.

Higher provisions for losses in the second quarter contributed to a 14.6% sequential drop in net income for the mortgage giant.

Lower head counts at the mortgage giant reduced administrative expenses by $145 million in the second quarter, though profits were still down 9% sequentially.

Much of the downturn was in pools with high concentrations of loans that accomplish GSE missions and other social goals.

Home price appreciation has been cooling amid elevated interest rates and declining demand for home purchases.

Barry Habib, the founder and CEO of MBS Highway, was appointed to the board of Fannie Mae.