August 29, 2025

FHLBank Advances Up in Second Quarter, Profits Down

Profitability declined at all but two of the FHLBanks in the second quarter. In some cases, that was due to lower net interest income and in others to a surge in voluntary contributions to housing and community investments. (Includes three data tables.) Read More

Pulte Puts GSEs’ Valuation at $1 Trillion

Trump administration hinted a GSE stock sale might resemble its recent Intel deal, potentially seeding a national sovereign wealth fund. Read More

FHFA Publishes 2025 Stress Test Results of the GSEs

Stress tests show that, even under scenarios considerably worse that the 2008 financial crisis, Fannie Mae and Freddie Mac would likely remain profitable and continue to support the mortgage market. Read More

Rocket-Mr. Cooper Merger Approval Comes With a Rider

Regulatory approval of the merged company creates the second-largest GSE seller and by far the largest GSE servicer. Read More

Consumer Groups Oppose Crypto in GSE Underwriting

Critics claim the volatility of cryptocurrency valuations and exposure to fraud would undermine the safety and soundness of Fannie Mae and Freddie Mac. Read More

Competing Research at VantageScore and FICO

Conflicting data from the two credit score giants muddy the waters about which best serves the GSEs and a mortgage industry eager for more competition. Read More

Condo Associations Push for Leniency in GSE Lending

Eligibility requirements put in place by the GSEs in the wake of the 2021 collapse of a condo tower in Florida continue to hobble sales and burden condo associations with high insurance and maintenance costs. Read More

GSE Roundup

Mortgage insurers ready for VantageScore 4.0; Fannie Mae announces results of NPL sale; delinquencies down for STACR pools, up for CAS pools. Read More

Inside The GSEs

View Archived Issues

FHLBank Advances Up in Second Quarter, Profits Down

Pulte Puts GSEs’ Valuation at $1 Trillion

FHFA Publishes 2025 Stress Test Results of the GSEs

Rocket-Mr. Cooper Merger Approval Comes With a Rider

Consumer Groups Oppose Crypto in GSE Underwriting

Competing Research at VantageScore and FICO

Condo Associations Push for Leniency in GSE Lending

GSE Roundup

Latest Imf News

Agency Purchase-Mortgage Business Holds Steady in Early 2026

Locks for Purchase Mortgages Increase in March

Investors Showing Strong Demand for Home Equity Loan Securitizations

GSE Policies on Cryptocurrency Unchanged

Featured Data

ARM Production Bounces Back in Fourth Quarter

Home Equity Loan Originations Decline in Fourth Quarter

GSE Seller Buybacks and Unresolved Claims Decline

Profits Sag at FHLBanks in Fourth Quarter

Featured Reports

Mortgage Profitability Report 4Q25 (PDF)

Agency Channel Analysis: 4Q25 (PDF)

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

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

August 29, 2025

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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?