Fannie Mae and Freddie Mac could suffer losses of nearly $2 billion on the fair value of their assets if interest rates fluctuate upward by just a single percentage percent, according to the Federal Housing Finance Agency’s official watchdog. A white paper issued this week by the FHFA’s Office of Inspector General found that despite moves by the Finance Agency and the Treasury to require the two government-sponsored enterprises to substantially downsize their mortgage asset portfolios, interest rate risk remains a “significant concern.” “The increasingly illiquid nature of the GSEs’ mortgage asset portfolios presents...

Redwood Trust is coming to the jumbo well once again. Its new MBS is roughly $577 million in size.

Activity in the jumbo MBS market is hopping.Shellpoint Partners is targeting mid-year for its first deal.

The chairman of the House Banking Committee wants clarification from the Federal Reserve on the central bank's transfer of funds to the CFPB.

Roughly 9,000 HUD/FHA workers could lose pay under federal sequestration.

A declining inventory of problem home mortgages and REO played a key role in Bank of America slashing the workforce of LandSafe by roughly 10 percent.

Will the White House soon unveil its FHFA director candidate?

Fannie Mae is working on changes that may give some mortgage bankers relief on buybacks.

When residential originations thrive, so does the warehouse lending sector, and 2012 was no exception.

The GOP wants to know why the CFPB has spent so much money on outside contractors.