Out of the $3.158 trillion unpaid principal balance in Fannie’s population of outstanding MBS, $201.3 billion would be eligible for a refi under the new program.

Even though the GSEs actively support small lenders on the single-family side of the house, critics say their multifamily businesses continue to favor larger financial institutions.

The GSEs’ aversion to projects that include transient rental income has riled investors and second-home buyers in some resort communities.

Fannie and Freddie prepare to replace the 11th District Monthly Weighted Average Cost of Funds Index or COFI.

Is Brown’s departure the latest sign that the C-suites of the GSEs no longer expect the conservatorship to end soon?

Fannie continues to cut the size of its retained mortgage portfolio.

Fannie and Freddie once again turned in stellar results. In the first quarter, profits increased along with their net worth positions. (Includes data chart.)

The program will be rolled out to GSE borrowers with incomes at or below 80% of a geographic area’s median income. One stipulation: no more than one missed payment in the past 12 months.

The amended PSPAs require Fannie and Freddie to abide by the new QM rule, even though the rule doesn’t formally go into effect until Oct. 1, 2022.

FHFA says appraisal waivers may subside after the agency reviews comments in its outstanding RFI. However, the cash window caps may be here for a while.