Counterparty risk appears to be on the mind of the FHFA…

There will likely be more buyback demands on the 2015 book of business in the future, but the total may not ever get to even 0.1 percent of issuance.

CFPB Director Cordray has responded with a detailed account that differs with the committee staff report in a number of ways...

Deal agent compensation likely would include additional fees for less common, more intensive work…

Fairholme is scheduled to talk about its investment in Fannie Mae and Freddie Mac...

The U.S. Court of Appeals for the Fifth Circuit rebuffed arguments that would have subjected mortgage lenders and other secondary-market participants to increased liability under the Equal Credit Opportunity Act. In a published opinion that appeared in the Banking Law Journal, the Fifth Circuit court rejected plaintiffs’ argument that mortgage investors that promulgate discriminatory lending guidelines could be held liable as the original creditor. ECOA prohibits...

It’s Ginnie Mae by a nose: $1.704 trillion in MBS to Freddie Mac’s $1.703 trillion…

Treasury said one problem with the current risk-retention rule is that it’s promulgated jointly by six different federal regulators.

Former Ginnie Mae president Ted Tozer stressed the importance of getting the post filled as soon as possible. “The way things are going, by yearend Ginnie will have $2 trillion of guarantees on its books,” he said.

The betting is that Bruce Berkowitz and Fairholme plan to ride out their GSE investment to the very end.