Freddie Mac rose 3.2%, and Federal National Mortgage Association rose 1.9%

U.S. Secretary of Commerce Gina Raimondo: The IPO of the two housing finance giants (Freddie Mac + Federal National Mortgage Association) should be done sooner rather than later

Fitch Reviews 41 U.S. GSE-Credit Risk Transfer Transactions; Resolves UCO

Fitch Ratings reviewed 706 classes from 41 GSE credit risk transfer transactions by Fannie Mae, Freddie Mac, and PennyMac. 149 classes were upgraded, 513 affirmed, and 44 paid in full. 525 ratings are 'AA+sf' with a Stable Outlook. The review noted decreased expected losses, especially in high LTV pools, due to updated RMBS Criteria. Operational risks are well controlled, but counterparty risks remain a concern. The review reflects changes in Fitch's collateral analysis and credit enhancement improvements.

06:03 ET D2 Capital Advisors Arranges $6.3 Million Fannie Mae Loan for 46-Unit Community in Bucks County, PA

D2 Capital Advisors arranged a $6.3 million Fannie Mae loan for a 46-unit community in Bucks County, PA. The non-recourse loan, originated through Arbor Realty Trust, features a 7-year term with 2 years interest-only. It refinanced existing debt and returned equity to ownership. The property, sponsored by SC Capital, recently underwent renovation and offers excellent regional connectivity. This transaction reflects SC Capital's strategy to build operational scale and deliver risk-adjusted returns.

Fannie Mae Multi-Family Delinquency Rate Highest Since Housing Bust (ex-pandemic)

Fannie Mae's multi-family delinquency rate has reached its highest level since the housing bust, excluding the pandemic period. Freddie Mac's single-family serious delinquency rate in October was 0.56%, slightly down from September, but up year-over-year. Fannie Mae's single-family serious delinquency rate remained unchanged at 0.54% in October, also up year-over-year. Both rates are below pre-pandemic levels. The article provides more detailed information.