In 2015, the two GSEs sold credit risk on about $407 billion of UPB through their back-end risk-transfer programs. The actual amount of credit risk transferred was $12.6 billion.

New data fields will be added to support Fannie’s and Freddie’s requirements, as well as those required by the FHA, VA, USDA and CFPB...

The new offering is in the $1 billion range. MorVest hopes to complete the sale by the end of January.

Ginnie Mae production topped Freddie Mac’s issuance in 2014 and was comfortably ahead after the first 11 months of this year.

Sean Becketti, Freddie’s chief economist, said, “It's too soon to tell whether marketplace lending is the next Uber or just another flash in the pan…”

The final rule from the FHFA also simplifies the standard for issuing suspension orders...

“It is likely that Fannie Mae could have survived the financial crisis without the intervention of the Treasury,” the authors argue.

The new approach is expected to be a more cost-effective route than going through the repeated repurchase requests that have plagued lenders over the years.

A number of financial indicators and documents suggest that Fannie Mae was not in the dire straits reported to justify its takeover, according to a new white paper. Adam Spittler, GSE activist investor, along with Mike Ciklin, owner of a small law firm specializing in MBS, and G. Stevenson Smith, an accounting professor specializing in fraud, published a white paper saying they reviewed financial statements to better understand the viability of the GSE from 2007 to 2014.

Fannie Mae recently said that in 2016 it would announce details about its plans to let lenders pay a risk fee as an alternative to repurchase for some of the defective loans it receives. While both GSEs have already put some remedies for defects in place, this alternative lets the lender pay a fee for some loans labeled defective, instead of being asked to repurchase the loan. …