Lawrence Parks, a former FHLB-SF executive, believes an FHLB plan to buy Freddie seems as plausible as other ideas that pass for GSE reform.

Companies will have to shell out $200,000 in application fees for every credit score model they think can compete with the FICO template.

The FHLBank System’s net income was off 10.4% for the full year despite a 29.5% spike in the fourth quarter. The bulk of that decline was due to lower net interest income, which dropped 10.9% in 2019. (Includes data chart.)

Treasury and FHFA say it is still “premature to comment on specific capital levels” necessary to release the GSEs from conservatorship.

The Federal Housing Finance Agency is seeking feedback on what financial requirements should be enforced for FHLB membership.

Presidential candidate Mike Bloomberg’s plan to merge the GSEs actually got the other Democratic candidates to talk about MBS.

Former Treasury official Craig Phillips joins HouseCanary.

Freddie promotes Donna Corley as EVP of single-family business.

Freddie mentioned CECL almost as a throwaway line in its earnings call, while Fannie said its CECL impact will be more substantial.