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?

Over the past two weeks, Freddie courted the debt market with four multi-family offerings worth a total of $2.93 billion.

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.

Fannie and Freddie hope to repeat their success with green multifamily MBS on the single-family side of the business. They’re also expanding their ESG offerings into social and sustainable bonds.

Release of the transcripts from FHFA’s listening session on the GSEs’ housing goals was delayed for weeks, but the comments from affordable housing advocates remain fresh.