The normalization of the Federal Reserve's balance sheet will end in September, with the sale of some residual MBS.

The agency has begun to assemble the team that is supposed to deliver on the new director's plans for housing-finance reform. So far, the industry is impressed.

Layton said there's still work to be done at Freddie Mac...

Patenaude is the daughter of Pam Patenaude, who stepped down as deputy secretary of HUD earlier this year.

Bucking national trends, the percentage of women employees at the FHFA has been declining since 2014. Minorities continue to see incremental advances in representation in the workforce.

The 11 Federal Home Loan Banks' combined net income in the first quarter increased slightly to $900 million. FHLBank San Francisco led the way.