It's not hard to see why Fannie and Freddie like their CRT programs...

The GSEs’ showing in the first quarter only reflects one full month of the impact of the coronavirus crisis. As potentially millions more homeowners stop paying their mortgages, the enterprises face the prospect of an even more challenging second quarter. (Includes data chart.)

Most of the FHLBanks’ COVID-19 relief programs have been initiated at the district level, resulting in considerable variations in scale and generosity.

Freddie Mac believes the market for credit-risk transfers may never return to pre-COVID levels because of the potential impact of the pandemic on mortgage performance.

Small and women/minority-owned suppliers serving Freddie Mac will receive payment on their invoices at least 20 days earlier than stipulated in their contracts.

CFPB COO Kate Fulton will take charge as FHFA COO at the end of May. The agency’s acting COO, Lawrence Stauffer, will return to his previous role as special advisor in the Division of Resolutions.

Renters can now find out if the property they live in has a Fannie Mae or Freddie Mac mortgage, which can protect them from eviction.

Small and women/minority-owned businesses servicing Freddie will receive payment on their invoices at least 20 days earlier than stipulated.

As the COVID-19 economic picture worsens, the GSEs are getting more discerning about what type of loans they will purchase.

The coronavirus laid waste to Fannie’s first-quarter profit but those costs were offset by a $637 million gain in the fair market value of its CRT. But not for long.