The industry veteran asks: If the GSEs lose their largest buyer, where will the money come from to support the 30-year, fixed-rate mortgage?

Economists use risk-based models of future GSE cash flows to calculate costs of the government’s backing of catastrophic losses.

The FOMC may take significant losses if it opts to sell its low-coupon agency MBS but soaring inflation may make it do so anyway.

Thousands of loans were prematurely removed from Fannie MBS, Mega and Super pools with a financial impact that could approach $2 billion.

The volume of loans delivered to Fannie Mae and Freddie Mac declined by 23.0% from January to February. The sequential decline seems to be a result of the 18% hike in conforming loan limits. (Includes two data charts.)

The Federal Reserve will close on an era this week, ending its pandemic policy of net asset purchases and preparing for a runoff of agency MBS.

Fannie economists demonstrate that mortgage expenses only account for about 30% of homeownership costs, with g-fees accounting for just a small fraction of that.

Who will take up the slack when the Fed is no longer the dominant buyer in the MBS market?

Freddie’s new When-Issued certificates come with a couple special conditions.

The central bank outlined plans to reduce the size of its balance sheet. It’s still unclear what impact it will have on the mortgage and MBS markets.