Former Freddie Mac CEO Don Layton said changes to the CRT program in recent years have led to the GSEs carrying more credit risk.

Kenny Smith retired from Deloitte Consulting in 2020 after 27 years with the firm.

Fannie’s MBS holdings spiked to $54.65 billion as of the end of the month.

Fannie and Freddie issued separate updates aimed at identifying and preventing fraud in mortgage transactions.

Beginning March 3, seller/servicers that use artificial intelligence or machine language in the origination of loans sold to Freddie must ensure those systems comply with applicable law.

For one-unit properties, the baseline conforming loan limit will be $832,750 in 2026.

Both Fannie Mae and Freddie Mac will be subject to $88.0 million caps on their multifamily funding volume in 2026.

“The president’s got a lot on his plate,” Bill Ackman, CEO and portfolio manager of Pershing Square Holdings, said of President Trump. “We’re approaching Thanksgiving, but it’s actually theoretically possible.”

Combined issuance of CRT notes declined from $2.15 billion in the second quarter to $1.25 billion in the third.

Ackman proposed a timeline that would allow the Trump administration to claim some short-term victories while working toward a larger capital raise.