Perhaps the lone Democrat in the Trump administration, Phillips believes the nation needs both Fannie and Freddie...

In an interview with IM&A, former Treasury official Craig Phillips says capitalize the GSEs and let them go.

Critics argue that community banks and small credit unions are vulnerable to rules designed for large lenders. Also, if Fannie and Freddie exit conservatorship, many of the guardrails protecting small lenders could vanish.

One originator of investor loans calls the profits “sweet,” though he’s not too sure why the FHFA did what it did.

Low interest rates and excess liquidity drove down demand for FHLBank advances and ate into profits during the early part of the year (Includes three data charts.)

Who better than a 30-year industry veteran to head the government-sponsored enterprise?

Industry insiders argue over whether the credit-risk transfer programs are overpriced catastrophic insurance for the GSEs or a cheap form of capital.

Variation margins will reduce counterparty risk in to-be-announced MBS transactions by requiring buyers and sellers to post margins for any change in prices before settlement.

Malloy Evans, a 17-year Fannie veteran, takes charge of the company’s massive single-family business, effective immediately.

Jason Griest has been with Freddie for the past eight years. Prior to that, he held capital markets or securitizations positions at Fannie Mae, Bank of America and JP Morgan.