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Home » Topics » GSEs » Freddie Mac

Freddie Mac
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Freddie Mac Taps President as Interim CEO

March 18, 2024
Dennis Hollier
If Hutchins becomes the "permanent" CEO of Freddie, the change, ironically, would result in a pay cut...
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Biden Administration in No Rush on GSE Reform

March 12, 2024
Brandon Ivey
President Biden's budget proposal for fiscal year 2025 included a brief section addressing the future of the housing finance system.
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FHFA Plans to Revise Survey of Borrowers

March 12, 2024
Dennis Hollier
FHFA said changes to the survey will help to inform its oversight of the GSEs and Federal Home Loan Banks.
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Short Takes: Biden Proposes Mortgage Tax Credit / Mixed Pricing Trends for Fannie’s CRT / New CRT From Freddie / Bank’s ARMs Go Into Annaly MBS

March 8, 2024
Brandon Ivey
President Biden proposed a tax credit of $400 a month to put toward a mortgage.
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Short Takes: Appropriations Bill Includes a Boost for Ginnie / MBA Hopes SEC Rule Is the Ceiling / Another Loss for FoA / Freddie Selling NPLs

March 7, 2024
Brandon Ivey
The appropriations bill includes $54 million in funding for Ginnie for fiscal year 2024 compared with $40 million in funding for FY 2023.
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Short Takes: Demand for Purchase Mortgages Increases / Rate Locks Up in February / New CEO at Carrington / Freddie Securitizing RPLs

March 6, 2024
Brandon Ivey
A small decline in interest rates last week helped to increase applications for purchase mortgages.
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FHFA Aligns Timelines for Credit Score Transition

March 1, 2024
Dennis Hollier
“Synchronizing bi-merge credit reporting with the implementation of the new credit score model requirements will reduce complexity for market participants,” said FHFA Director Sandra Thompson.
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Little Commingling of GSE MBS Despite Fee Reduction

February 29, 2024
John Bancroft
Commingling happens when a government-sponsored enterprise stocks a new Supers deal with MBS issued by the rival GSE.
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Short Takes: Treasury Focusing on Property Insurance Costs / Chase Stocks MBS With HELOCs From Nonbanks / Great Ajax Turns to Rithm / KBW Sees Upside in GSE Stock

February 27, 2024
Brandon Ivey
The roundtable hosted by the Treasury focused on how the increased risks from climate change are affecting insurance markets.
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GSE Servicers Face New Requirements on Property Insurance

February 26, 2024
Dennis Hollier
The GSEs are looking to ensure servicers have policies and procedures in place that require borrowers continuously maintain property insurance.
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