The average daily trading volume in agency MBS totaled $236.1 billion in January, the highest reading of the past year, and a sign that liquidity is strong. Compared to the month prior, trading activity increased by 12.8 percent, according to the Securities Industry and Financial Markets Association.

Others might contend that ASPS CEO William Shepro really earned his $2.5 million compensation package this time around…

PIMCO also believes government MBS loan limits should be based on borrower income, not housing prices…

According to their financial disclosures and company officials, both GSEs saw a sharp decline in the average guarantee fee they charged on new MBS issued during the fourth quarter…

Fannie Mae and Freddie Mac observers are scratching their heads about “minimum return on equity” requirements that the Federal Housing Finance Agency has imposed, somewhat mysteriously, on the two government-sponsored enterprises.

The MSR auction calendar is starting to look crowded…

It appears that Pershing Square is now under water on its GSE investments...

Borrowers with credit scores below 700 accounted for 22.03 percent of GSE purchase loans last year…

One trade group official said a new FHFA director might be hell-bent on reducing the federal footprint in mortgages…

Social Finance is cutting positions in its mortgage division...