Moody’s warned that a government shutdown could lead to a downgrade of its AAA rating for the U.S., Fannie and Freddie plan new social disclosures; DBRS proposes revisions to CLO rating criteria.

The new proposed capital requirements could reduce LMI lending by large banks and make warehouse financing expensive for nonbanks.

Fannie tells court AmeriFirst has no property interest in its mortgage servicing rights.

High failure rates for lenders trying to implement new edits to certain fee disclosure requirements in Phase 3B of the Uniform Closing Database persuaded Fannie and Freddie to postpone those changes.

Despite offering higher premiums, Freddie is finding it difficult to convince investors to give up their credit-risk transfer notes.

Kroll Bond Rating Agency looked at about 220,000 loans to more than 300,000 borrowers to assess the impact of going from tri-merge credit scoring to bi-merge.

Michael Devito's departure means Freddie will be conducting its third CEO search in four years.

Despite 15 months of balance sheet reduction, at the current pace, it will still take the Federal Reserve nearly four and a half years to bring its holdings of MBS and Treasuries down to pre-pandemic levels.

A new study shows that the shift from the tri-merge to a bi-merge credit report will have a minimal effect on the average borrower’s credit score, at least using Classic FICO.

Rocket Mortgage was the top GSE seller in the direct channels in 23 states in the first six months of 2023. United Wholesale Mortgage was the leader in 12 states.