Freddie’s guarantee book of business rose from $3.104 trillion at the end of 2024 to $3.115 trillion as of the end of March. Fannie’s fell from $3.622 trillion to $3.610 trillion. (Includes data table.)

Fannie reported a 3.6% increase in seller repurchases during the fourth quarter, while Freddie volume was essentially flat. For the year, lender buybacks were down 36% from 2023. (Includes three data tables.)

Updates will automate parts of the voluntary partial-cancellation process that are currently manual. This tool will be available through Freddie’s Gateway portal.

The enterprise mistakenly sent the personal information of a handful of borrowers to one of its third-party providers. Normally, these files are anonymized.

The sign of a good business model is one that makes profits in good times and bad. Fannie and Freddie have shown strong profits throughout the post-pandemic downturn. (Includes data table.)

The GSEs’ credit score playbook now lists the implementation dates of the bi-merge and the shift away from Classic FICO as TBD.

It’s the first time Freddie’s MBS business has been larger than Fannie’s on an annual basis since 1991.

Freddie repurchases dropped in the third quarter as the GSE changed how it classifies loans with defects that have been cured by the seller. Withdrawn buyback claims were up. (Includes three data tables.)

Ginnie MBS issuance outpaced the GSEs beginning in 2022, a trend that holds to this day. (Includes two data tables.)

An extra inch of rainfall during a hurricane increases the severe delinquency rate of GSE borrowers by about 0.013%.