Fannie added MBS at a fast pace and Freddie reduced its whole-loan holdings.

Higher revenues and lower expenses drive $3.56 billion in first quarter profits for the mortgage giant.

Fannie Mae sharply increased its investment portfolio during March while the balance of Freddie Mac’s portfolio didn’t change much.

Newrez said that the securitized loans were part of a loan delivery limited engagement by Freddie, which helped validate the operational readiness for VantageScore 4.0.

The main difference in 2026 was that later-stage delinquencies increased.

Ginnie posted a 1.3% quarterly gain in servicing outstanding to $2.726 trillion at the end of March, not including servicing of home-equity conversion mortgages.

“While speculation continues around the potential privatization of the government-sponsored enterprises, Morningstar DBRS does not view any changes to [their] status as likely for the length of the credit rating outlook period given the complexities and potential consequences of such an action, especially considering the current macroeconomic environment,” the rating service said.

Multiple GSE officials told Inside The GSEs that no changes have been made to their selling guides regarding crypto assets, even with a splashy planned mortgage product from Better Home & Finance.

Changing priorities from the White House have put talks on ending the GSE conservatorship on the back burner.

The GSEs started issuing credit risk transfer transactions in 2013.