Investor Pershing Square Capital should be happy. The firm owns roughly 9.98 percent of Fannie common and 9.77 percent of Freddie.

Redwood: “We will offer new ways for these [nonbank] sellers to optimize their capital bases…”

Servicing income rose 1.5 percent during the third quarter, although five of the 12 companies reported declines and one of them – PHH Mortgage – posted a loss.

Can it be? A bi-partisan reg relief measure that helps the mortgage industry?

Sen. Elizabeth Warren wants a complete list of OMB staffers who have been detailed to the CFPB by Mulvaney...

The investor was also critical of HomeStreet’s efforts to expand its footprint beyond the Pacific Northwest…

However, Hensarling is adamant that the plug be pulled on Fannie Mae and Freddie Mac...

The FHFA said it’s working with Fannie and Freddie to “develop processes to identify and align those enterprise programs, policies, and practices that could materially affect prepayments.”

We understand that a fairly large bulk portfolio of mortgage servicing rights might be hitting the auction block soon...

But news of the settlements wasn’t doing much for their stock prices. Both were down slightly on the day.