Refinance business continue to drop sharply at both GSEs, but Freddie recorded a solid gain in purchase-loan acquisitions. (Includes two data charts.)

Despite early criticism of Senate plans to use the 10-basis-point g-fee to help pay for a bipartisan infrastructure bill, industry groups have been more muted since the text of the bill became public.

Landlords are challenging the more-targeted ban, saying it still illegally deprives them of their ability to collect rents.

The new CHOICEReno eXPress loan allows homebuyers to incorporate the cost of minor repairs and renovations into their mortgage.

The Fannie/Freddie joint venture bolsters its information security programs with veteran hire.

Fannie and Freddie offer investors a wide range of summer deals.

Big-league housing groups, including the Mortgage Bankers Association and the National Association of Realtors, warned senators not to use the g-fee as “the nation’s piggybank.”

As the first Senate-confirmed head of domestic finance in nearly a decade, the former Fed economist could play a vital role in renegotiating the PSPAs between Treasury and FHFA.

Fannie and Freddie are likely to have raked in more than $5 billion combined in adverse market fees on refinances before FHFA Acting Director Sandra Thompson decided to shut the program.

Changes to Fannie’s loan agreements allow the company to more closely monitor compliance with OFAC rules and anti-money laundering and anti-corruption statutes.