A $491 million payout to junior preferred shareholders in the third quarter cuts Fannie Mae profits to $4.7 billion.

Republicans in the Senate have concerns and a report from TransUnion highlighted negative impacts from the move.

The flurry of bulk sales of mortgage servicing rights continued into the third quarter, helping shift market share in the GSE market to larger firms. (Includes two data tables.)

The GSEs’ shareholders racked up one win and one loss last week in their legal battle to overturn the net worth sweep.

Fannie Mae and Freddie Mac released details on FHFA’s new policy of extending natural disaster-related reps-and-warranty relief to mortgagees impacted by the pandemic.

If FHFA follows through on the shift from the tri-merge to a bi-merge system, two million borrowers currently eligible for a GSE mortgage would no longer qualify, according to a report from TransUnion.

Documents show FHFA entered into 36 settlement agreements between January 2019 and September 2021 to resolve employee disputes.

Freddie takes steps to ensure its older multifamily housing stock is in adequate repair. This is particularly crucial for properties in affordable housing programs.

An audit by FHFA’s Office of Inspector General found that the agency’s Office of Housing and Regulatory Policy hasn’t conducted adequate oversight of the new reports.

Fannie celebrates 10-year anniversary of CRT program; results of the GSE’s fifth tender offer.