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.

Federal Reserve Bank of New York economists look for ways to improve the market-making capacity of prime dealers for agency MBS.

The GSEs will provide investors with new loan-level and security-level data beginning June.

The Fed and commercial banks purchased a combined $1 trillion in agency MBS over the past 12 months, more than 145% of the net supply. (Includes data chart.)

None of these new securitizations are expected to include loans with temporary payment forbearance like that used for pandemic relief.

The Federal Reserve Bank of New York diversifies its roster of counterparties that support the purchase of agency CMBS.

Spikes in amortization income, guarantee-fee income and credit-related expenses are all closely tied to the government’s intervention in the coronavirus crisis. (Includes data chart.)

In addition to a couple of traditional K-deals, Freddie Mac offered sustainability bonds and deals based on supplemental loans and small-balance loans.

If the GSEs’ margins from the first three quarters of 2020 hold, Fannie Mae and Freddie Mac could earn combined profits of $19.9 billion for the year.

An endorsement from international ESG ratings firm Sustainalytics could whet investors’ appetite for Fannie Mae’s social and green MBS offerings.