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Net income rose 13.2% from Q4, but was down 47% from a year earlier.
GOP proposes 2 bills in Congress to repeal; Urban Institute says changes don't penalize rich to help poor.
Average for 15-year fixed rate fell last week.
Thompson denies pricing changes at Fannie, Freddie make wealthier borrowers subsidize poorer ones.
Freddie Mac's PMMS shows both the 30-year and 15-year fixed rates rose this week.
Rule seeks to formalize existing practices and programs related to fair housing and fair lending oversight of GSEs.