Some 1.5% of GSE loans have home equity levels below 10%, suggesting Fannie/Freddie borrowers would be resilient if home prices were to decline. More than 83% of loans have at least 30% equity.

FHFA joins HUD, OCC and CFPB in an effort to promote the use of special purpose credit programs as a way to boost lending in disadvantaged communities.

According to Urban Institute, mortgage insurance payouts mean GSE losses on loans with LTVs over 80% are comparable to those on loans with LTVs below 80%.

Key flubs by defense witnesses may have convinced the jury that the Treasury Department and FHFA had ulterior motives when they agreed to the net worth sweep.

While many mortgage industry stakeholders want the GSEs’ current capital rule to be changed, others believe it’s a good compromise.

A new advisory bulletin provides the answers to a series of abstruse accounting questions as a way of clarifying an earlier bulletin.

FHFA’s RFI on tenant protections attracted 3,522 comments, the vast majority from tenants voicing support. Industry groups argued that the economics of rent control just don’t work.

With a nonperforming loan sale, a reperforming loan sale and a social bond transaction, Fannie livened up an otherwise slow year.

According to their 2023 Dodd-Frank stress tests, Fannie and Freddie would remain profitable even in the worst financial depression of the modern era.

Steve Pawlowski, a key player in Fannie Mae’s technology development, has moved to Mortgage Capital Trading.