Fannie's massive CAS deal backed by seasoned HARP loans drove credit-risk note offerings to a record $4.54 billion in the fourth quarter of 2019. (Includes data chart.)

Among the housing commentariat, Don Layton is essentially the lone voice from the former C-suites of Fannie and Freddie.

The loans covered by the GSEs’ loan performance data have much lower default rates than those in their full book of business, according to the AEI.

Ocwen Financial may have some MBS-related exposure, according to a new regulatory filing. Also, FHFA Director Mark Calabria opens up some more about the business practices of Fannie and Freddie.

In an effort to receive favorable capital treatment for credit-risk transfer on non-agency mortgages, JPMorgan Chase is preparing a unique deal.

An “explicit” guarantee on Fannie/Freddie MBS was once a non-starter with Republicans in Washington. But the Trump administration is unlike your grandfather’s GOP. Just maybe, an explicit guarantee might work.

Ginnie Mae announced new rating requirements and risk factors to improve and strengthen its oversight of MBS program participants.

New issuance of credit-risk debt notes by the GSEs fell 25.5% sequentially in the second quarter, but surging MBS production in recent months will likely spur increased CRT activity in the second half of the year.

The rating service’s proposal regarding the treatment of private mortgage insurance on GSE risk-sharing transactions and non-agency MBS prompted some concerns from industry participants.