"We’re talking about going to a lower pace," said Fed Chair Jerome Powell.

The Fed could start cutting rates in June, according to projections by industry analysts. The Fed is also moving toward slowing the runoff of its holdings of Treasury securities and MBS.

Don Layton applauded FHFA’s plans to reform the FHLBanks, arguing that it will take strong, independent supervision to prevent them from exploiting their government subsidy for private gain.

Now that Judge Lamberth has issued his memorandum and order, the litigants can prepare for the (inevitable?) appeal.

If Hutchins becomes the "permanent" CEO of Freddie, the change, ironically, would result in a pay cut...

Lenders typically hedge loans by short selling the type of security those loans will eventually go into. However, if the market for that security is unattractive, they can cross-hedge into better performing markets if their pricing movement correlates with the loans.

The diversification inherent in MBS may be the ideal tool to combat climate risk in housing finance.

Industry trade groups as well as analysts believe the proposed waiver pilot is purely a political gesture and will, in fact, expose borrowers and lenders to financial risk.

The FHLBanks, like Fannie Mae and Freddie Mac, have a public/private structure that can incentivize private profits at public cost. Don Layton, former Freddie CEO, said the banks are ripe for reform.

Outstanding advances were down for the year after a surge in the first quarter.