Many questions about the transition to UAD 3.6 revolve around whether loans originated using UAD 2.6 can still be submitted via the Uniform Collateral Data Portal.

Investor challenges estimates by Pershing Square’s Bill Ackman, arguing Freddie Mac is now more valuable that Fannie Mae.

Freddie’s new system for the near-real-time reporting of default events doesn’t become mandatory until September 2027, but servicers may begin reporting as early as November 2026.

In a hypothetical scenario in many ways worse than the great financial crisis, combined net income at Fannie Mae and Freddie Mac remained positive.

Runoff of agency MBS from the Federal Reserve’s portfolio appears slow but is close to actual Fed projections.

Trade groups agree that the reputational harm provision of the suspended counterparty program regulation is redundant.

While the GSEs announced the end of the programs last week, the last single-family green MBS issuance by either GSE was in June 2025.

Many of those green loans will still be eligible for purchase by the GSEs. Social bonds appear unaffected.

Between the end of March and the end of June, the GSEs' combined mortgage portfolios grew just 1.7%, to $313.62 billion.

New PMIERs tables assigning risk factors to loans based on credit scores and LTV ratios strongly resemble the GSEs’ LLPA tables.