Andrew Bon Salle, a former long-time Fannie Mae executive, is joining the nonbank just in time for its IPO.

Their new Senate majority, albeit a slim one, should make it easier for Democrats to pass key budget priorities. But what does it mean for Fannie and Freddie?

According to Congressional bean counters, increasing g-fees would cut the U.S. deficit a cumulative $30 billion through 2030.

While appraisal actions sharply increased from 2019 to 2020, the number of licensed appraisers remained unchanged.

In 2019, Blend became the first digital lending platform approved for Freddie’s asset and income modeler.

The GSEs plan to increase loan purchases in all three DTS categories: manufactured housing, rural areas and affordable preservation.

New multifamily caps, announced in November, also included changes to the definition of “mission-driven.”

FHFA said the plan to have “living wills” is akin to what the Federal Reserve and the FDIC require for their bank charges.

The two new faces on the CSS board are investment banker Dylan Glenn and securities industry veteran Lynette Kelly.

Nonbank sellers accounted for 63.9% of single-family mortgages pooled in Fannie and Freddie MBS during the first 11 months of 2020, raising their share of the GSE market by nearly 10 percentage points. (Includes two data charts.)