The seller of the portfolio, who was not identified, wants to complete the transaction by July 31.

“We’re partnering with external firms to understand and anticipate their needs,” said Freddie Mac official Kevin Palmer…

Although some conventional lenders are struggling with lower volumes, Angel Oak and Citadel Servicing Corp. are humming along...

First-time buyers continue to fight the challenges of rising house prices, higher interest rates and depleted inventory…

The consolidation tidal wave approaches ... or maybe not...

During the first quarter, the average credit score at Fannie Mae was 741.15, slightly below the average 744.73 at Freddie Mac.

However, Freddie still has some catching up to do to reach the 40.2 percent GSE share it had last year.

According to the offering circular, the average loan balance is $230,368 with delinquencies totaling 5.80 percent...

The FHFA argues: "In contrast, other federal safety and soundness regulators have statutory authority to examine companies that provide services to depository institutions..."

The regulatory relief bill which last week became law makes changes to the CFPB’s ability-to-repay rule, and attorneys expect that more major changes will come from the bureau’s reassessment of the qualified-mortgage standards. The Economic Growth, Regulatory Relief, and Consumer Protection Act will allow financial institutions with less than $10 billion in assets to offer mortgages that don’t meet all the requirements of the QM rule, such as ...