Secondary

Monthly excess spread will confer credit enhancement to the notes, KBRA said, and while it will be released it will not be available as credit enhancement in future payment periods.

The option for holders of older government-sponsored enterprise bonds that predated the move to uniform mortgage-backed securities now has a deadline.

A coalition of mortgagees said the zombie seconds law negatively impacts 1.2 million junior liens statewide, despite just over 500 potential "zombie" loans.

Further mortgage payment reductions and other "aggressive" changes to federal policy impacting homeowners are on the roadmap for the coming year.

Bloomberg Intelligence puts odds on a release from conservatorship and issuing new shares. Its study estimates critical steps would take "months if not years."

The Treasury official renewed a pledge to avoid hurting how mortgages trade in a Fox Business News interview as a new study highlighted one way to do that.

Michael Hutchins, the two-time interim chief executive at the government-sponsored enterprise, will remain with the company in his role as president.

Fannie Mae and Freddie Mac have added billions of dollars of mortgage-backed securities and home loans to their balance sheets in recent months, fueling speculation that they're trying to push down lending rates and boost their profitability ahead of a potential public offering.

For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities.

The new monthly reporting rule lists improved accuracy and timeliness of MBS payments among its goals, with implementation planned for February 2026.