Minority-owned Protecdiv will partner with insurance giant Aon in credit insurance risk-transfer transactions. The collaboration gives the small re-insurer the scale to work with large institutions.

Industry protests convinced FHFA to reverse course and almost eliminate the fee Fannie and Freddie charge to guarantee one another’s securities.

Residential MBS investors say that, rather than publish a social index for their MBS, the GSEs should just disclose the data that goes into making that index.

Designating the appropriate SOFR-related benchmark rates for GSE products is one of the last major steps in the transition from LIBOR.

With the Fed and banks no longer supporting the MBS market, liquidity depends on small investors and nonbank financial institutions.

If the nation goes into recession, paper losses on Treasuries and MBS may deprive small community banks from accessing critical FHLBank advances.

As of Jan. 1, Fannie Mae and Freddie Mac will for the first time be able to purchase one-unit single-family loans worth more than $1 million.

Tight spreads in the money markets keep some liquidity in the to-be-announced market.

The new social index methodology gives investors a rigorous, pool-based measure of the social impact of the mortgage-backed securities issued by the enterprises.

Sales of refinance loans plummeted to the lowest level in at least eight years. But purchase-mortgage sales had a bad month too. (Includes two data charts.)