March 31, 2023

Repurchases Ease in 4Q22, But Pipeline Still Clogged

Buybacks of mortgages delivered to the GSEs declined in the fourth quarter. Still, repurchase activity was elevated for the year and the amount of unresolved repurchases didn’t budge much in the fourth quarter. (Includes three data charts.) Read More

FHFA Announces Timeline for New Credit Score Models

By the end of 2025, FHFA expects Fannie and Freddie to implement the use of FICO 10T and Vantage 4.0 into the mortgage process. Industry participants can expect a lot of hand-holding along the way. Read More

FHLBanks Could Help to Fund Nonbanks Indirectly

FHLBank treatment of collateral may be inhibiting development of affordable housing, industry stakeholders told FHFA in comments. Read More

FHFA Makes Pandemic-Era Deferrals Permanent

Based on the success of payment deferrals during the COVID-19 emergency and feedback from industry, FHFA has made the option a key part of loss mitigation for the GSEs. Read More

FHFA Renews Focus on Appraisal Bias

FHFA, a member of the PAVE task force, provided the bulk of the appraisal data that the task force will use for oversight, enforcement and research. Read More

G-Fee Levels Should Be Tied to Capital Requirements

In order to have a return on capital sufficient to attract private investors, the GSEs would have to charge g-fees of about 76 basis points, according to former Freddie CEO Don Layton. Read More

Fannie Executes Two CIRT Deals Totaling $31.8 Billion

Private insurers will assume the credit risk on up to $926 million in mortgage losses. Read More

FHFA Diversifies Its Growing Staff

As is so often the case with efforts to improve institutional diversity, progress on inclusiveness at FHFA has been mixed. Read More

Inside The GSEs

View Archived Issues

Repurchases Ease in 4Q22, But Pipeline Still Clogged

FHFA Announces Timeline for New Credit Score Models

FHLBanks Could Help to Fund Nonbanks Indirectly

FHFA Makes Pandemic-Era Deferrals Permanent

FHFA Renews Focus on Appraisal Bias

G-Fee Levels Should Be Tied to Capital Requirements

Fannie Executes Two CIRT Deals Totaling $31.8 Billion

FHFA Diversifies Its Growing Staff

Latest Imf News

Brokers, Correspondents Increase Conforming Originations

Housing Legislation in Congress Will Wait Until 2026

Freddie Issues Selling Guide Bulletin on AI Oversight

Servicer Refi Retention Rose to Three-Year High

Featured Data

Nonbanks Post Small Drop in Mortgage-Banking Income

Bank MSR Portfolios Shrink Slightly, Valuation Strong

Bank ABS Holdings Decline in 3Q25, Auto Portfolios Grow

Lending Slows Across Products in Third Quarter

Featured Reports

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

Lender Profiles 2Q25: Top 25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside The GSEs

March 31, 2023

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?