Freddie President Michael Hutchins will step in as interim CEO.

Christopher Stanley, a security engineer at SpaceX, is the first member of Elon Musk’s Department of Government Efficiency to join a GSE board.

The Federal Reserve remains on track to cut the federal funds rate only one time this year, according to Mike Fratantoni, an executive vice president and chief economist at the Mortgage Bankers Association.

Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.

To this point, identifying loans for voluntary partial cancellation has been done manually.

The government-sponsored enterprise received approval from the Federal Housing Finance Agency in June 2024 to acquire second liens.

FHFA removed mention of DEI from a key GSE evaluation standard.

The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.

For 2025, analysts at Morningstar DBRS predict modest home sales, modest price appreciation and mortgage rates oscillating around the 6%–7% range.

The revisions establish some ground rules that will apply if Fannie Mae and Freddie Mac are ever released from conservatorship.