The Federal Housing Administration’s capital reserve ratio reached 4.84% in the latest fiscal year, up from 2.76% in 2018 and its highest level since fiscal 2007. That’s according to the regulator’s annual report to Congress (PDF).

Fannie Mae and Freddie Mac will probably be prepared for new public offerings by 2021 or 2022, the mortgage finance giants’ regulator has said. So reports Bloomberg.

The seasonally adjusted delinquency rate for mortgage loans on one- to four-unit residential properties fell to 3.97% of all loans outstanding at the end of the third quarter, the Mortgage Bankers Association has announced, citing its survey results.