About half of the FHFA officials who were supposed to review SEC filings of Fannie Mae and Freddie Mac for the second quarter of 2021 failed to appropriately certify accuracy.
With some mortgage companies trading below their liquidation value, is now the time to stage a takeover? It depends. Meanwhile, former FHFA Director Mark Calabria this week broke his silence on what may lie ahead for Fannie Mae and Freddie Mac.
Volume increased in the risk-transfer deals issued by Freddie and Fannie. However, unpaid principal balance on the covered pools declined. (Includes data chart.)