The new PCs will provide investors more flexibility and efficiency by allowing them to consolidate smaller securities.

The new data will help lenders determine the impact of the upcoming shift from a tri-merge credit reporting process to a bi-merge model.

Many mortgage industry trade groups believe changing the mission of the Federal Home Loan Bank system is Congress’ responsibility rather than that of the FHFA.

The top five GSE sellers saw their market share jump from 33.5% in the first quarter to 36.7% in the second.

As soon as July, FHFA plans to issue a proposed rule that would establish standards for the GSEs related to returns on capital for new single-family mortgage acquisitions.

Nearly all of the top 30 GSE sellers managed to increase deliveries to the enterprises in the second quarter, helping drive a 33.1% sequential bump in sales. Even so, year-to-date deliveries were down slightly. (Includes two data tables.)

Supporters of the program say the expanded use of second mortgages is a less costly way for homeowners to access their home equity when interest rates are high. But they worry about the pilot’s restrictions.

Two of the new proposed rules are directed at Fannie Mae and Freddie Mac. The other three relate to the Federal Home Loan Banks.

The data release is a critical step in the enterprises’ long-awaited and controversial transition to a new credit score model.

A new advisory bulletin from FHFA spells out how the enterprises must respond to a “high-severity operational loss event.”