The capital markets teams at Fannie and Freddie churned out a reperforming loan sale, a Guaranteed Multifamily Structures deal and a Structured Agency Credit Risk transaction.

A tangled web of climate risk, shady insurers, shoddy ratings services and lax insurance rules at the GSEs may snarl Fannie Mae and Freddie Mac in unexpected counterparty risk.

The new framework for social bonds links them more directly to the Mission Index, formerly known as the Social Index.

Under the terms recommended in FHFA’s review of the Federal Home Loan Banks, 85 current members would fail to meet the 10% mortgage-related asset rule.

The enterprise will offer new single-family green disclosures that will allow investors to easily identify mortgage-backed securities that consist of loans eligible for Fannie’s green bonds programs.

Although most top-10 GSE lenders increased deliveries to Fannie Mae and Freddie Mac in November, MBS issuance declined by 7.0% on a monthly basis.

This week, the GSEs began providing investors the Social Density Score and Social Criteria Share attributes for Supers and Megas.

As expected, the amended enterprise regulatory capital framework reduces the risk weight for commingled securities from 20% to 5%.

Fannie Mae and Freddie Mac revenues ticked up in the third quarter, but an increase in net expenses cut into profits. Those expenses included damages and interest awarded to shareholders in Fairholme v. FHFA. (Includes data table.)

Declining volumes at large sellers in the third quarter shifted market share to small shops. United Wholesale Mortgage remained the top GSE loan seller during the quarter. (Includes two data charts.)