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.

As of March, Freddie was named master servicer for 180 securitized transactions comprised of 11,500 loans with a combined unpaid principal balance of $44.1 billion.

Peter Lillestolen has been promoted to vice president, production and sales of targeted affordable housing, at Freddie Mac.

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.