The strength of the U.S. economy, higher single-family home prices, and the credit quality of our book of business continue to be important factors affecting our performance, CEO Priscilla Almodovar said...
This quarter, we provided $72 billion in liquidity to the U.S. housing market. This helped 280,000 households buy, refinance, or rent a home and reflects our strong commitment to managing risk and fulfilling our vital role supporting America's housing finance system...
Most independent mortgage banks haven't turned a profit in about two years and many have complained bitterly about the spate of loan buyback requests by the GSEs...
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