Freddie Mac

Short Takes: Losses Jump at PrimeLending / First-Time Homebuyer Demand Down / Resetting Rate Expectations / Freddie Marketing CRT Deal / Bank Exits Mortgage Lending

bivey@imfpubs.com — Fri, 23 Oct 2026 11:54:00 -0400

PrimeLending took a $10.8 million pre-tax loss in the third quarter of 2026 after a $2.0 million pre-tax loss in the second quarter.

Bulk Sales of Agency Servicing Declines

bivey@imfpubs.com — Tue, 20 Oct 2026 11:59:00 -0400

Both government-sponsored enterprise and Ginnie Mae bulk servicing transfers declined on a quarterly basis in the third quarter.

Agency MBS Issuance Declines in 3Q With Drop in Refis

bivey@imfpubs.com — Fri, 09 Oct 2026 11:59:00 -0400

Refi volume in agency MBS issuance declined by 46.3% on a quarterly basis.

Short Takes: UWM Removes Minimum Credit Score Overlay for Agency Loans / Refi Share of Applications Down to 37% / Former DNI Lawyer Joins Freddie

bivey@imfpubs.com — Wed, 07 Oct 2026 11:55:00 -0400

UWM will take results from automated underwriting systems for determining borrower eligibility for agency mortgages.

Fannie Picks Up Pace of CRT Issuance

bivey@imfpubs.com — Tue, 06 Oct 2026 11:58:00 -0400

Fannie Mae is starting to pull away from Freddie Mac with issuance of credit risk transfer transactions this year.

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.

Freddie Mac’s Mortgage Investment Portfolio Declines in August

bivey@imfpubs.com — Fri, 25 Sep 2026 11:58:00 -0400

Additions of MBS weren't enough to offset a decline in whole-loan holdings.

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.

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.

Short Takes: Foreclosure Activity Levels Off / Homebuilder Confidence Declines / Freddie Selling NPLs / Conflicting Advice for Better’s Shareholders

bivey@imfpubs.com — Thu, 17 Sep 2026 11:55:00 -0400

Foreclosure filings increased by 1% on a monthly basis in August, according to Attom.

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.

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.

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.

Freddie Mac’s Investment Portfolio Shrinks in May

bivey@imfpubs.com — Fri, 26 Jun 2026 11:58:00 -0400

The GSE’s investment portfolio stood at $137.22 billion, down 3.2% from April.

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.

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.

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.

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.

Short Takes: Uncharacteristic Slowdown in 2Q / CCM Raises Purchase Price for Two Harbors / Losses Increase at Blend / Freddie Offers CRT

bivey@imfpubs.com — Fri, 08 May 2026 11:55:00 -0400

“The industry forecasts are expecting a step up in Q2 but I would say that we’re just not seeing that,” said Varun Krishna, CEO of Rocket Companies.

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.

Strong First Quarter for Freddie Mac

dhollier@imfpubs.com — Thu, 30 Apr 2026 11:58:00 -0400

Higher revenues and lower expenses drive $3.56 billion in first quarter profits for the mortgage giant.

GSE Portfolio Activity Diverges in March

bivey@imfpubs.com — Tue, 28 Apr 2026 11:57:00 -0400

Fannie Mae sharply increased its investment portfolio during March while the balance of Freddie Mac’s portfolio didn’t change much.

Freddie Enlists Newrez for First Securitization of VantageScore 4.0 Loans

jdohnert@imfpubs.com — Mon, 27 Apr 2026 11:56:00 -0400

Newrez said that the securitized loans were part of a loan delivery limited engagement by Freddie, which helped validate the operational readiness for VantageScore 4.0.

Delinquency Recovery Less Robust in First Quarter of 2026

bivey@imfpubs.com — Thu, 23 Apr 2026 11:58:00 -0400

The main difference in 2026 was that later-stage delinquencies increased.

Ginnie Drives Growth in Agency Servicing in First Quarter

jbancroft@imfpubs.com — Fri, 17 Apr 2026 11:59:00 -0400

Ginnie posted a 1.3% quarterly gain in servicing outstanding to $2.726 trillion at the end of March, not including servicing of home-equity conversion mortgages.