Through the first nine months of the year, Fannie has posted impressive net earnings of $9.02 billion.

Fannie Mae CEO Timothy Mayopoulos added: “Damage from the storms will be with us for a long time.”

“The other natural job would be as CFPB director,” the Cowen analyst continued. “That said, Hensarling has shown much greater interest in housing finance…”

Flagstar Bank was the top originator of loans that fed prime non-agency MBS in the third quarter…

The trade group also found that refinancings are declining as well: down to 48.7 percent of all new applications from 49.5 percent for the week ending Oct. 20.

Look for another reverse mortgage lender to hit the auction block...

The total unpaid principal balance for mortgages backing the deal has yet to be disclosed.

There continues to be some nervousness about VA receivables because of streamlined refinancings, although regulators are trying to curb abuses in the program.

Aggressive refinancing now occurs immediately after the six-month window has expired, as some of the activity may have shifted into the custom pool market…

It’s Deephaven’s third nonprime MBS deal of the year…