Fannie and Freddie have updated rules around employment contracts, shared appreciation and fluctuating income.

As the GSEs try to redeem uneconomic credit-risk transfer notes from investors, the premiums offered continue to shrink.

Servicers should see several enhancements to Freddie’s Resolve platform and its APIs, including a dashboard they can use to manage their pipeline and track charge-offs.

Freddie CAO describes the lexicon of an objective appraisal. He discourages the use of subjective language terminology such as “desirable” or “family friendly.”

Lance Drummond will succeed Sara Mathew as Freddie board chair. Mathew is set to retire in February.

Federal Reserve Chair Jerome Powell said the Federal Open Market Committee will maintain a “brisk pace” of qualitative tightening.

CAS, STACRs, CIRT and ACIS volume were all down sharply during the first nine months as origination volume continued to decline. (Includes data table.)

Federal Reserve Chair Jerome Powell insisted the FOMC has no plans to slow the runoff of agency MBS from its balance sheet.

In a review of the Federal Home Loan Bank system, the Federal Housing Finance Agency riled some mortgage industry participants by failing to endorse expanding FHLBank membership to include nonbanks.

Fannie Mae's portfolio has only been smaller once since the financial crisis.