While the GSEs are under mandates to shrink their retained portfolios, Freddie’s holdings increased in the final three months of 2022. (Includes data chart.)

The government-sponsored enterprise has warned seller/servicers that the improper use of ESG and other data could violate fair lending laws.

Even though the upfront fee Fannie and Freddie impose on commingled securities has been sharply reduced, some industry watchers argue that it has permanently damaged the market for Supers and REMICs.

The GSEs’ social disclosures should be as granular and specific as those reported for credit-risk transfer deals, according to investors.

Investors appear increasingly reluctant to sell their credit-risk transfer notes back to the enterprises at the prices Fannie and Freddie are offering.

The 2017 revisions to Basel III may impact the capital treatment of securitizations, but not before 2025.

Freddie Mac issued 84 green single-family mortgage-backed securities in 2021 that save 192,168 million BTUs of energy per year.

Since the beginning of quantitative tightening in June, the Federal Reserve has been able to shed less than 20% of the agency MBS it had planned by this date. 

Secondary market loan pricing depends on market timeframes, roles, pull structures and other esoteric economic components.

Loan modification is easy when interest rates are low, but what does foreclosure mitigation look like when rates soar?