The Federal Open Market Committee will begin letting agency MBS run off on June 1, but has no plans to actually sell securities.

The mortgage giant’s putative net worth jumped to $51.8 billion, but its shortfall in total adjusted capital increased to $272 billion.

While the Federal Reserve intervened in the mortgage market to lower rates, lenders did not pass along all the savings to homebuyers, the former Freddie chief said.

Fannie's interim CEO David Benson predicts a recession is coming next year...

MBA criticized FHFA’s plan to impose a 2% liquidity requirement on servicers’ hedging position in the TBA market...

Volume for both purchase mortgages and refis was down at the mortgage giant, but profits increased on the back of higher home prices.

Higher prices on mortgages for highly qualified borrowers could mean more cross-subsidy for less qualified borrowers.

Another blow-out earnings quarter from Freddie Mac. But earnings were juiced a bit by loan-loss reserve recaptures. Meanwhile, its net worth continues to increase.

Trade groups representing smaller nonbank seller/servicers say it’s the larger nondepositories, with nearly 70% of the market, that pose the biggest risk to Fannie and Freddie.

The Biden administration’s move to reduce the impact of medical debt from consumer credit reporting will make it easier for some homebuyers to qualify for government-backed mortgages.