Still no sign of Republican activity on the housing finance front, despite their new majority in the House.

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.)

Loss provisions and declining volumes spell lower profits going forward. However, Fannie’s capital requirements remain elevated.

Apollo isn’t buying Select Portfolio Servicing from Credit Suisse; FHA seeking suggestions for changes to rehabilitation program; Hsieh’s fishing dream; mortgage fraudster sentenced to 10 years in prison.

The late announcement and unexpected delay of the financial release will likely set tongues wagging in the mortgage industry.

A forecast decline in home prices forces Fannie to set aside money for future losses.

After years spent in opposition, House Financial Services Committee Chair Patrick McHenry, R-NC, has used recent hearings to criticize various housing policies brought under Democrats.

Neither Fannie Mae nor Freddie Mac issued a traditional credit-risk sharing transaction in the fourth quarter.

Whatever happened to the sale of SPS?

Rising spreads brought credit-risk transfer issuance to a halt in the fourth quarter and more than halved reinsurance transactions. Still, combined Fannie and Freddie CRT deals hit a record $21.64 billion in 2022. (Includes data chart.)