WI certificates are expected to become the primary way for investors to acquire the A-M and A-2 classes of Freddie’s signature K-deals.

Fannie Mae and Freddie Mac saw declines in the flow of volume in their mortgage securitization businesses during the first six months of 2022. Meanwhile, smaller lenders continued to gain some market share. (Includes two data charts.)

Over the past two years, Fannie estimates its single-family green MBS program has saved over 45 billion BTUs of energy.

The new 50-basis-point upfront fee is intended to offset the cost of capital each enterprise is required to hold for guaranteeing the collateral of its competitor.

An industry survey commissioned by VantageScore shows more support for a FICO alternative than previously thought.

Trade groups are resigned to whatever model FHFA chooses, but they need data on how it performs compared to FICO to set up their own systems and procedures.

With their unguaranteed subordinate tranches, the K-series was the first enterprise security to transfer credit risk to private investors.

The FOMC intends to cut its securities holdings by $523 billion by the end of the year.

Freddie disclosed that prepayments on mortgages in 50,000 pools were sometimes not passed through to bondholders.

Fannie and Freddie issued CRT on a record $1.052 trillion in UPB in 2021. That’s despite Fannie staying away for the first three quarters.