Mel Watt continued: “We, therefore, contemplate that going forward enterprise dividends will be declared and paid beyond the $3 billion capital reserve in the absence of exigent circumstances.”

The FHFA noted that if another credit scoring model is introduced, the entire mortgage finance industry will incur increased operation and transition costs…

Fannie Mae and Freddie Mac likely will post healthy combined earnings for the fourth quarter in the range of $4.0 billion to $5.0 billion, according to an analysis by Inside Mortgage Finance. And un-der a surprise revision to their conservatorship terms, they’ll likely be able to keep a good deal of it.

Fannie Mae and Freddie Mac are ramping up efforts to support the affordable housing market by financing manufactured housing loans titled as personal property and developing new financing to re-habilitate aging properties.

Washington Analysis believes the FHFA/Treasury move is a “clear positive for shareholders in the GSEs, particularly holders of junior preferred shares..."

Bill Banfield, EVP of capital markets for Quicken, said he’s noticed an increase in the use of the conventional low-downpayment programs this year….

Sierra Pacific Mortgage, Folsom, CA, is launching a new builder division...

The FHFA noted that divergence in prepayment rates could occur if the GSEs fail to align programs, policies, and practices…

Initial capitalization rates for new secondary market guarantors may not be as steep as some might think…

The MSR package is dominated by California product…