The Federal Housing Finance Agency last week proposed increasing some of the benchmark levels for Fannie Mae’s and Freddie Mac’s affordable housing goals through 2017, while also establishing new housing subgoals for low-income multifamily properties. The proposed rule – which requests public comment – presents three alternatives for determining whether a government-sponsored enterprise has met the congressionally mandated single-family housing goals for 2015-2017. The first option would keep...

The FHFA IG job candidate must be able to withstand "moderate to arduous physical exertion involving walking and standing, use of firearms, and exposure to inclement weather."

It appears that PennyMac Financial Services is in the market to buy MSRs...

The FHA insurance fund received $336 million of the $614 million that JPM agreed to pay…

Roughly 75 percent of the loans will come from Georgia and will be top heavy in retail product.

The American Bankers Association believes GSE loan limits in much of the nation could be reduced.

In 2013, Freddie Mac reimbursed its servicers $1.4 billion but identified and denied $126 million in what the IG calls “erroneous” claims.

Where will Fannie Mae ultimately windup? The early betting is the Washington waterfront near Nationals Park…

Due diligence providers that work on MBS and ABS also will have to provide certifications to the rating services which will be disclosed on each rating issued.

Back in the 1980s, when Fannie Mae was losing $1 million a day, it contemplated selling the property and came up with a value of $10 million to $15 million. Today, it's worth much more than that.