Recognizing the rising prevalence of phishing scams — where a bad actor will seek to trick a target into revealing sensitive personal or financial information through fake websites, emails or text messages — the Federal Housing Administration (FHA) has announced it is implementing anti-phishing multifactor authentication (MFA) into FHA Catalyst (FHAC).

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Freddie Mac announced Thursday that it earned net income of $2.8 billion in the first quarter of 2025, a 1% annual increase.

The government-sponsored enterprise (GSE) also posted net revenues of $5.9 billion from January through March, an increase of 2% year over year, which the company said was primarily driven by higher net interest income and partially offset by lower non-interest income.

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