FHFA will direct the enterprises to treat loans with COVID-19 forbearance like those impacted by a natural disaster. Fannie and Freddie will also do a better job explaining buyback requirements.

NPL sales by the GSEs declined by 66% on an annual basis in 2022.

“There’s no point in leaving money on the table that’s been allocated,” said Pamela Perry, a vice president of single-family equitable housing at Freddie Mac.

GSE-related buybacks increased by 2.3% on a quarterly basis.

Home prices increased by 0.8% on a monthly basis in July.

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.

Michael Devito's departure means Freddie will be conducting its third CEO search in four years.

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.

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.

Industry wants more time to comply with new credit score requirements.