Much of the White House plan to increase housing supply has been cribbed from the enterprises' duty-to-serve plans.

Ocwen authorizes buybacks to bolster stock prices.

The Federal Home Loan Bank System reported combined net income of $502 million for the first quarter.

Freddie Mac is set to increase financing options for accessory dwelling units.

A Fannie Mae survey of lenders found almost all hope the appraisal process will enter the 21st Century, but most would first invest in digital loan application systems or e-mortgages.

Nine of the 11 Federal Home Loan Banks saw their profits jump in the first quarter. Only the FHLBanks of Dallas and Cincinnati experienced declining net income. (Includes three data charts.)

The White House action plan for increasing the supply of affordable housing largely piggybacks on the duty-to-serve plans of Fannie Mae and Freddie Mac.

According to the former FHFA chief, given the state of the mortgage and equity markets, Fannie Mae won’t survive another round of home price depreciation.

FHFA and Treasury haven’t discussed how to make the 2021 changes to the PSPAs permanent or whether to ease the capital requirements for the GSEs.

Trade groups are resigned to whatever model FHFA chooses, but they need data on how it performs compared to FICO to set up their own systems and procedures.