The controversial proposed capital rule for large banks sets a 75% loss given default rate for GSE debt issued but not guaranteed by the GSEs. For the debt guaranteed by the GSEs, the LGD rate will be 25%.

Chase Home Finance solidified its position as the largest GSE servicer in the second quarter while the servicing portfolio at second-ranked Wells Fargo continued to shrink.

The inclusion of new-built homes with high energy efficiency ratings in Freddie’s green bond program significantly boosted the program’s impact.

Most GSE sellers increased production in the second quarter, though first-half deliveries were still off 60.9% from a year ago. (Includes two data charts.)

Pricing on Fannie’s latest CRT offering topped out at average 30-day SOFR plus 685 bps for the 1B-2 class.

The new value denotes multifamily properties where the borrower sponsors affordable units in cost-burdened or very cost-burdened areas.

FHLB San Francisco CEO Teresa Bazemore argues that the system’s dual mandates of supporting housing and providing liquidity for FHLBank members are related.

Three providers of D&O insurance refuse to pay legal costs associated with a financial crisis-era SEC investigation into Freddie underwriting and risk-management controls for troubled MBS.

New MBS disclosures from Fannie and Freddie reflect changes in property valuation methods.

The chair of the Senate Banking Committee wants FHFA to examine the implications of the Federal Home Loan Banks becoming the lender of last resort for struggling financial institutions.