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Home » Topics » GSEs » Freddie Mac

Freddie Mac
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GSE Buybacks Increase in 2Q; Pending Requests Down

October 3, 2023
John Bancroft
GSE-related buybacks increased by 2.3% on a quarterly basis.
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Short Takes: Home Prices Tick Up / Big Gains in Florida / Empathy Versus Cost Cutting / Private Equity Firm Buys NPLs From Freddie

September 26, 2023
Brandon Ivey
Home prices increased by 0.8% on a monthly basis in July.
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Ginnie Gains Servicing Share in Second Quarter

September 22, 2023
John Bancroft
Ginnie Mae continued to set the pace in the agency single-family servicing market as its outstanding MBS rose 2.1% to $2.270 trillion.
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Freddie CEO Michael DeVito to Retire

September 8, 2023
Dennis Hollier
Michael Devito's departure means Freddie will be conducting its third CEO search in four years.
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GSE CRT Activity Jumps in Second Quarter

August 23, 2023
Dennis Hollier
The April-June period marked the second consecutive quarter in which Fannie Mae's CRT issuance exceeded Freddie Mac's, an unprecedented period of CRT dominance for Fannie.
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Jury Awards GSE Shareholders $612 million

August 15, 2023
Dennis Hollier
A jury found that the Federal Housing Finance Agency violated its duty as conservator of the GSEs when it agreed to the net worth sweep in 2012.
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Uncertainty on Timeline of New Credit Score Models

August 11, 2023
Dennis Hollier
Industry wants more time to comply with new credit score requirements.
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GSEs to Phase Out COVID Servicing Policies

August 10, 2023
Dennis Hollier
Most pandemic-era flexibilities regarding QRPC, forbearances and loan-modification plans will sunset Nov. 1.
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GSEs Adjust Guidelines on Tax Liens, Appraisals

August 8, 2023
Dennis Hollier
Freddie Mac stated that the borrower’s debt-payment-to-income ratio must be calculated based on the payment plan established with the IRS.
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Freddie's Profits Increase Thanks to Home Price Gains

August 2, 2023
Dennis Hollier
Higher home prices allowed the enterprise to shift from a $395 million provision for credit losses in the first quarter to a $537 million benefit in the second.
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