Those opposed include the American Bankers Association, the Housing Policy Council, the Securities Industry and Financial Markets Association, the Structured Finance Association and U.S. Mortgage Insurers.

Sales of existing homes declined by 1.9% on a monthly basis in April.

Pete Mills, a senior vice president of residential policy and strategic industry engagement at the MBA, wrote that the proposal has theoretical benefits but they’re impossible to assess given the limited details FHFA included in the request for comments.

Fannie and Freddie are facing portfolio losses due to the mortgage market.

To this point, access to Fannie's income-calculation tool was only available through third parties.

PennyMac Financial Services CEO David Spector said he’s “very supportive of the GSEs getting into second-lien origination.”

The GSEs established a formal definition for mortgages to first-generation homebuyers.

Risk management activities in Freddie's multifamily business generate $1 billion in revenues in the first quarter, more than doubling its 4Q23 figures.

FHFA turns the equitable housing finance plans of the GSEs and other agency-directed fair housing activities into regulations.

The deadline to comment on Freddie Mac's proposal to acquire second liens is May 22.