There are new faces in the C suite at Fannie Mae and U.S. Mortgage Insurers. And some Freddie Mac veterans got promotions this week.

Investors tendered only 73% of the CAS notes Fannie was willing to buy back.

A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.

As of Jan. 1, Fannie Mae and Freddie Mac will for the first time be able to purchase one-unit single-family loans worth more than $1 million.

A new Fannie chartbook provides detailed cohort-level data on the socially oriented lending backed by the enterprise.

A table comprised of 13 categories and dozens of subcategories itemizes all the ways a mortgage loan can go bad.

Fannie’s last CIRT transaction of 2022 covers $343 million in credit risk on $10.1 billion in single-family loans.

The volume of multifamily loans the enterprises can purchase will be smaller in 2023, but the FHFA also expanded the mission-oriented qualifications.

Loan-level price adjustments for low-income and first-time borrowers and for loans that meet duty-to-serve requirements will be a thing of the past on Dec. 2.

The new social index methodology gives investors a rigorous, pool-based measure of the social impact of the mortgage-backed securities issued by the enterprises.