Despite a significant decline in indictments and convictions, the FHFA IG’s Office of Investigations secured more than six times as much in restitution than in the prior period.

Even before Julia Gordon took oath as FHA commissioner last week, industry participants were reaching out with calls for action.

FHA premium cuts are being closely analyzed by HUD while FHFA and Treasury have had no talks about reforming the GSEs through the PSPAs. MBA also pressed FHFA on LLPA changes for conforming jumbos and mortgages for second homes.

About half of the FHFA officials who were supposed to review SEC filings of Fannie Mae and Freddie Mac for the second quarter of 2021 failed to appropriately certify accuracy.

With some mortgage companies trading below their liquidation value, is now the time to stage a takeover? It depends. Meanwhile, former FHFA Director Mark Calabria this week broke his silence on what may lie ahead for Fannie Mae and Freddie Mac.

Falling revenues and a decline in loss reserves at Fannie and Freddie signal the end of the housing boom and a return to revenue normalcy.

Both government-sponsored enterprises have now formally banned the use of virtual currencies for conventional mortgages.

While the Federal Reserve intervened in the mortgage market to lower rates, lenders did not pass along all the savings to homebuyers, the former Freddie chief said.

Another blow-out earnings quarter from Freddie Mac. But earnings were juiced a bit by loan-loss reserve recaptures. Meanwhile, its net worth continues to increase.

Trade groups representing smaller nonbank seller/servicers say it’s the larger nondepositories, with nearly 70% of the market, that pose the biggest risk to Fannie and Freddie.