In dollars and cents, additional spending at Fannie totaled $726 million over the four-year period, while at Freddie the reading was a more benign $376 million.

Roughly 88 percent of lenders said they expect to grow their mortgage origination business in 2016...

Sources close to D’Urso said his termination by Radian was a “total surprise” to him as well.

The Federal Housing Finance Agency cautioned that the pilots are in their early stages...

After rates plunged earlier in the year, servicing auctions slowed somewhat, but are once again hitting the market.

February’s new issuance was also the lowest monthly total for the GSEs since May 2014...

According to survey figures from Inside Mortgage Finance, wholesale/broker production accounted for 9.6 percent of fundings in the fourth quarter of 2015...

Freddie Mac has launched a project to correct some “operational deficiencies” in how it transfers money in and out of mortgage-backed securities trusts. The GSE said in its 2015 10-K filing that the issue has not had a material impact on its earnings or on investors in its MBS. Freddie explained that seller/servicers deposit various funds – such as mortgage principal and interest payments owed to MBS investors and guarantee fees due to the GSE – into custodial accounts for securitization trusts. The funds owed to the company are classified as restricted until they are transferred to an operating cash account. Management, however, determined that Freddie has not maintained detailed pool-by-pool records of funds in the custodial account...

FHFA Ramps Up HARP Social Media Efforts. The Federal Housing Finance Agency kicked off a new social media campaign in late February, #HARPNow, to let more than 367,600 homeowners across the country know about the Home Affordable Refinance Program before it expires on Dec. 31, 2016. FHFA will use Twitter, LinkedIn and YouTube to reach homeowners in the 10 states with the greatest concentration of HARP-eligible borrowers. Fannie Names Winner of Second NPL Community Impact Pool. Fannie Mae announced that New Jersey Community Capital is the winning bidder of the company’s second Community Impact Pool of non-performing loans. This pool of loans was structured to attract diverse participation from non-profits, smaller investors and minority- and women-owned businesses. The transaction...

Agency issuance of single-family MBS declined by 9.5 percent from January to February, largely based on a seasonal slump in purchase-mortgage activity, according to a new Inside MBS & ABS ranking and analysis. Fannie Mae, Freddie Mac and Ginnie Mae produced a total of $80.49 billion of single-family MBS in February, their lowest combined monthly output since November 2014. The biggest decline was in purchase-mortgage activity, which fell 14.9 percent for the month. The refinance sector held up...[Includes two data tables]