Except for a $1.70 billion lender risk deal with PennyMac in the fourth quarter of 2020, Fannie had no CRT activity until October 2021.

The top five loan sellers to the GSEs in February: Rocket, UWM, Chase, Wells Fargo and loanDepot...

The volume of loans delivered to Fannie Mae and Freddie Mac declined by 23.0% from January to February. The sequential decline seems to be a result of the 18% hike in conforming loan limits. (Includes two data charts.)

The Federal Reserve will close on an era this week, ending its pandemic policy of net asset purchases and preparing for a runoff of agency MBS.

The mortgage giant’s credit-risk transfer program got 2022 off to a good start with its first CIRT transaction of the year.

The collapse of Champlain Towers South in Florida resulted in the GSEs issuing temporary guidelines tightening eligibility requirements for condo loans. Industry representatives have denounced the new rules as draconian.

A windfall for Fannie and Freddie last year means their contributions to the Housing Trust Fund and the Capital Magnet Fund are up 3.9% for the year.

Sharifa Anderson has been appointed to the newly created position of senior vice president for diversity and inclusion at the government-sponsored enterprise.

Also on the table: Will there be just one credit score model, or will lenders be able to select from multiple options?

Fannie resumed issuing credit-risk transfer notes in October after a long break. Still, GSE CRT issuance couldn’t match 2020’s volume. (Includes data chart.)