CEO Jay Bray was eligible for a maximum bonus of $6.90 million…

Is Bank of America doing a slow fade on mortgages?

Back in July 2017, Fannie revised its automated underwriting system to accept loans with DTI ratios over 45 percent without lenders having to show other compensating factors…

BofA also produced $3.75 billion of home equity loans in the first quarter...

In the 2017 annual report, Pershing Square lists Fannie and Freddie common among its “losers…”

In early 2018 both GSEs were under orders from the Federal Housing Finance Agency to set g-fees that meet a “minimum return on equity…”

Finance of America’s new president is industry veteran Bill Dallas.

Watt’s term expires in early 2019. President Trump is not expected to nominate him to another term. Then again...

The CFPB and the Office of the Comptroller of the Currency are seeking an aggregate of $1 billion from Wells Fargo to settle abuse allegations tied to its auto lending and home mortgage businesses, the megabank disclosed in its first quarter 2018 earnings report late last week. The auto lending violations center on collateral protection insurance policies the bank sold to customers between October 2005 and September 2016. Wells estimated $145 million in cash remediation and $37 million ...

Fannie Mae and Freddie Mac cleared another hurdle in their efforts to expand the investor base for their mainstay credit-risk transfer programs when a leading Wall Street group said it saw no problems with a plan to structure future CRT issues as real estate mortgage investment conduits.