In anticipation of the single-security launch in June 2019, Freddie Mac is working on exchange paths to make the transition from two markets to one go much more smoothly.

The Federal Housing Finance Agency this week moved to further cement its existing policies that require Fannie Mae and Freddie Mac to move in lockstep on matters that affect MBS prepayment speeds as a federal regulation.

The boards of Fannie Mae and Freddie Mac have begun their searches for new CEOs but the odds of finding successful candidates quickly are extremely low, according to industry stakeholders.

A new Federal Housing Finance Agency inspector general report highlights some potential risks in Freddie Mac’s Integrated Mortgage Insurance, or IMAGIN, program. Although it discusses some of the criticism leveled at the program, the IG report doesn’t take sides.

Ten years after the start of the financial crisis, the conventional wisdom is that the housing boom was driven by subprime mortgages. Federal Reserve researchers recently offered a “new narrative” about the crisis: borrowers who received subprime mortgages didn’t inflate the housing bubble.

After years of talk about “digital mortgages,” now is the time that lenders should adopt such technology, according to Henry Cason, a senior vice president at Fannie Mae and head of digital products for the government-sponsored enterprise’s single-family business.

In the most recent step to encourage fintech innovation, the Consumer Financial Protection Bureau is retooling its policy to spur improved alternative consumer disclosures.

The release of the Department of Housing and Urban Development’s long-anticipated final rule on condominium lending reform, which aims to boost FHA activity in the sector, may take longer than expected, according to industry participants.

Silvergate Bank is actively providing warehouse lines of credit to non-QM lenders and we understand that Comerica is now sticking its toe in the water…

The nation’s warehouse providers ended the second quarter with $67.0 billion of commitments on their books, a 6.3 percent sequential gain and an increase of 8.1 percent from a year ago, according to exclusive survey figures from Inside Mortgage Finance. [Includes one data chart.]