The new accounting standard, which went into effect just before the pandemic, requires the GSEs to anticipate losses over the life of the loan. 

Since the beginning of quantitative tightening in June, the Federal Reserve has been able to shed less than 20% of the agency MBS it had planned by this date. 

A Cleveland homeowner says Nationstar (now known as Mr. Cooper) improperly declined his COVID-related loan-modification request. Nationstar acquired the servicing rights from another company. 

The relationship between waivers and prepayments began to decline in April 2021, as the refinance wave cooled.

The fee reductions were supposed to go into effect as soon as possible...

The biggest jump was at the Cincinnati FHLB...

COVID sent home prices soaring and sped up sales. But it also created a spike in the proportion of homes removed from the market.

Systemwide, FHLBank advances grew 36.5% in the third quarter, helping drive a 51.1% sequential increase in profits. (Includes three data charts.)

Sagging home prices forced the GSEs to post a combined $4.34 billion provision for credit losses in the third quarter, undercutting retained earnings. (Includes data chart.)

The volume of multifamily loans the enterprises can purchase will be smaller in 2023, but the FHFA also expanded the mission-oriented qualifications.