After warning the council about the risks posed by government money market funds, Calabria went on to point out that these funds have large exposures to Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

Ball game over for depository residential originators?

The common and “junior” preferred investors were (more or less) given up for dead in late 2008...

After months of rumors, Julia Gordon was tapped to lead FHA...

Investors in Fannie/Freddie common (and preferreds) were licking their wounds this week after the Supreme Court essentially ruled against them. Moral of the story: Stock speculation is not for the weak of heart.

New loan production in bank mortgage banking operations was down slightly in the first quarter. Loan sales also slumped. (Includes two data charts.)

In her first interview since leaving office, former CFPB Director Kathy Kraninger touted her policy encouraging responsible business conduct and explained why she focused on supervision rather than enforcement.

Experts believe a properly configured customer relationship management system can help lenders survive the change from a refi-heavy market to a purchase one.

Technology is here to stay and is going to continue to cost lenders a bundle. Get used to it.

Fitch said the deal comes with “an irrevocable and unconditional guaranty,” courtesy of the Development Finance Corp. That means the securities, and any obligations associated with them, enjoy the full faith and credit of the U.S. government.