Fannie Mae

FHFA Eliminates Haircut on VS4 Scores With GSEs

dhollier@imfpubs.com — Tue, 29 Sep 2026 11:59:00 -0400

Fannie Mae and Freddie Mac will use the same LLPA pricing grid for both VantageScore 4.0 and Classic FICO, eliminating the 20-point haircut they were applying to VS4 loans.

Fannie’s Investment Portfolio Shrinks in August

bivey@imfpubs.com — Mon, 28 Sep 2026 11:58:00 -0400

Fannie held $99.79 billion of agency MBS as of the end of August, just $50.0 million more than at the end of July.

MBS Investors Adjusting to New Score Disclosures From GSEs

dhollier@imfpubs.com — Fri, 25 Sep 2026 11:57:00 -0400

The most obvious difference in scoring models is that the GSEs’ scores are on entirely different scales.

CHLA Highlights Freddie’s Limited MBS Purchases for Pulte

bivey@imfpubs.com — Thu, 24 Sep 2026 11:57:00 -0400

Freddie Mac’s MBS purchases spiked in February and have been relatively limited since then, compared with actions by Fannie Mae.

Short Takes: Fannie Extends Timing for Rental Income Changes / Commercial Mortgage Lender Struggling, Considering Sale / Place Expands With Maxwell Acquisition

bivey@imfpubs.com — Thu, 24 Sep 2026 11:55:00 -0400

Fannie Mae pushed back a deadline for changes to how the government-sponsored enterprise handles rental income for mortgage borrowers to Dec. 1.

Higher Bids for Fannie’s Latest NPL Sale

bivey@imfpubs.com — Tue, 22 Sep 2026 11:58:00 -0400

Funds managed by American Mortgage Investment Partners Management submitted the winning bids for the most recent sale and for one of the sales conducted in July 2025.

MBS Investors, Lenders Ponder GSE Score Disclosures

dhollier@imfpubs.com — Fri, 18 Sep 2026 11:57:00 -0400

The GSEs’ scores appear to be higher than Classic FICO scores.

Pulte Turns Focus to Private MI Profits

dhollier@imfpubs.com — Wed, 16 Sep 2026 11:57:00 -0400

Seth Appleton, president of USMI, promptly announced the PMI trade group’s support for Pulte’s efforts to align the GSEs’ policy regarding mortgage insurance.

GSEs’ MBS Holdings Down for Third Straight Month

dhollier@imfpubs.com — Tue, 15 Sep 2026 11:59:00 -0400

July marked the third straight month of declines in the government-sponsored enterprises’ MBS holdings.

Fannie Back Quickly With CRT Offering Following August Issuance

bivey@imfpubs.com — Wed, 09 Sep 2026 11:56:00 -0400

Freddie Mac, meanwhile, hasn’t offered a single-family CRT deal since May.

Employee Morale Takes Hit at Fannie Mae Following Layoffs

dhollier@imfpubs.com — Tue, 08 Sep 2026 11:58:00 -0400

The firing of 10 senior executives at the government-sponsored enterprise in August rattled leaders and staffers.

Federal Agencies Rescind SPCP Authorization

dhollier@imfpubs.com — Fri, 28 Aug 2026 11:59:36 -0400

Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to end support for special purpose credit programs earlier this year. But now other agencies are also ending authorization for the programs.

Economists Trim Estimates for Mortgage Originations

jdohnert@imfpubs.com — Thu, 27 Aug 2026 11:52:58 -0400

Market uncertainty and rising costs have led some economists to revise their origination forecast for the rest of this year and into 2027.

Another Round of Firings at Fannie Mae

dhollier@imfpubs.com — Mon, 24 Aug 2026 11:58:00 -0400

Pulte-led Federal Housing Finance Agency presides over further reductions in the senior staff at Fannie Mae, terminating as many as a dozen executives last week.

Short Takes: Fannie Marketing CRT Deal After Lull / Better’s Platform Model / Carrington Sees Interest in Servicing Transfers

bivey@imfpubs.com — Tue, 04 Aug 2026 11:55:00 -0400

Fannie Mae issued three consecutive monthly CRT deals through April, then paused issuance until this new offering.

Fannie Looks at ADUs to Boost Housing Supply

dhollier@imfpubs.com — Mon, 27 Jul 2026 11:57:00 -0400

Policies published by Fannie Mae in December allow ADUs to be treated like other home features or improvements.

FHFA Proposes Changes to Suspended Counterparty Program

dhollier@imfpubs.com — Mon, 13 Jul 2026 11:57:00 -0400

The proposed rule would eliminate reference to "reputational harm," ostensibly to reduce subjectivity and uncertainty in enforcement.

House Bill a First Step to Releasing GSEs

dhollier@imfpubs.com — Mon, 29 Jun 2026 11:58:00 -0400

Proposed legislation would codify many of the guidelines put in place by FHFA under its authority as conservator.

FHFA Proposes Revamping Duty-to-Serve Rule

dhollier@imfpubs.com — Wed, 24 Jun 2026 11:57:00 -0400

The proposal would redefine "high-needs rural population" and limit the use of area median income when defining low-income categories.

Short Takes: Housing Bill Headed to Trump / Fannie to Expand Title-Insurance Skipping Pilot / Angel Oak Shifts MBS Strategy / Income Declines at KB Home

bivey@imfpubs.com — Wed, 24 Jun 2026 11:55:00 -0400

H.R. 6644, the 21st Century ROAD to Housing Act, is being hailed as the most significant housing legislation from Congress in three decades.

Economists at MBA, Fannie Closer to Alignment on Rate Forecasts

bivey@imfpubs.com — Tue, 23 Jun 2026 11:58:00 -0400

Fannie increased its interest rate projections somewhat in the latest monthly forecast from the GSE.

FHFA Seeks Fraud Enforcement Power From Congress

bivey@imfpubs.com — Tue, 16 Jun 2026 11:57:00 -0400

The agency said its current authorities to take action against fraud in the housing finance market are “indirect or limited.”

UAD 3.6 Adoption Picks Up Ahead of Deadline

dhollier@imfpubs.com — Mon, 15 Jun 2026 11:57:00 -0400

Fannie and Freddie report that they’ve received UAD 3.6 submissions on all property types. Likewise, Fannie said top aggregators are accepting UAD 3.6 appraisal reports and appraisal management companies support it.

Short Takes: Two Harbors Sticking With CCM / Sellers Pulling Homes Off Market at Record Pace / LoanCare Launches New Subservicing Tool / Better Expanding Crypto Mortgage Program

jdohnert@imfpubs.com — Thu, 04 Jun 2026 11:55:00 -0400

Two Harbors board says CrossCountry's bid is still the better option, in part because of its fully committed financing.

GSE Privatization Efforts Unlikely After Pulte Picked for DNI

dhollier@imfpubs.com — Wed, 03 Jun 2026 11:58:00 -0400

In a Truth Social post, President Trump said Pulte will serve simultaneously as FHFA director and acting director of National Intelligence, overseeing national security matters conducted by 18 federal intelligence agencies.

Fannie Adds Agency MBS at Slower Pace in April

bivey@imfpubs.com — Thu, 28 May 2026 11:57:00 -0400

Fannie held $110.46 billion of agency MBS as of the end of April, a 5.3% increase compared with the end of March.

GSE CRT Issuance Increases in First Quarter

bivey@imfpubs.com — Wed, 20 May 2026 11:59:00 -0400

The GSEs issued CRT deals in March even with economic volatility tied to the war with Iran.

Net Interest Income Varies at Fannie, Freddie

dhollier@imfpubs.com — Thu, 07 May 2026 11:57:00 -0400

At Freddie, net interest income has increased slightly in every quarter but one over the past three years.

Fannie, Freddie Differ With Portfolio Additions in 1Q

dhollier@imfpubs.com — Tue, 05 May 2026 11:59:00 -0400

Fannie added MBS at a fast pace and Freddie reduced its whole-loan holdings.

Fannie Earnings Stable in First Quarter

dhollier@imfpubs.com — Wed, 29 Apr 2026 11:59:00 -0400

An increase in Fannie's investment losses related to MBS acquisitions was more than offset by a shift from fair value losses to fair value gains.