Fortress Investment Group has raised $1.6 billion to buy mortgage assets, including servicing rights.

The Federal Housing Finance Agency this week killed a plan being heavily promoted by Fannie Mae to reduce force-placed insurance rates.

GSE MBS issuance increased in January and the most likely explanation may be new, more seller-friendly repurchase policies at Fannie Mae and Freddie Mac.

Hedge fund giant Cerberus is forming a mortgage investing REIT that will target not just MBS but servicing rights and related assets.

Is BlackRock up to something regarding its investment in Redwood Trust?

New issuance of agency single-family MBS jumped 25 percent from December to January, according to a new Inside MBS & ABS ranking and analysis. The most likely explanation for the sudden jump in agency MBS issuance may be that new, more seller-friendly repurchase policies at Fannie Mae and Freddie Mac went into effect for loans sold after Jan. 1, 2013. The revamped policies generally provide that the government-sponsored enterprises will not seek repurchase or indemnification for loans that perform for the first three years after origination. In the case of Home Affordable Refinance Program loans, repurchases will be waived...[Includes one data chart]

The Federal Housing Finance Agency is concerned about large scale transfers of mortgage servicing rights.

Fannie Mae and Freddie Mac's share of purchase-mortgage originations has increased each of the last two years, according to a new analysis by Inside Mortgage Trends.

FHA single-family mortgage production was up 22.3 percent in 2012, but another increase in the mortgage insurance premiums will likely accelerate the program’s three-year decline in market share. The Department of Housing and Urban Development late last week issued formal guidance to raise the annual MIP by another 10 basis points, taking effect for loans processed after April 1. It marks the fifth time HUD has raised FHA premiums in the past three years and raises the annual MIP to as much as 155 bps, for super-jumbo loans exceeding $625,500 with loan-to-value ratios over 95 percent and 30-year terms. That’s actually a relatively small slice of the FHA market: super-jumbo loans (which have...[Includes one data chart]

Although mortgage bankers are enjoying their strongest profit margins in years, smaller nonbank shops continue to live in fear that Fannie Mae and Freddie Mac – under the auspices of their regulator – may soon unveil higher net-worth minimums. Officially, the net-worth minimum is set at $2.5 million for both government-sponsored enterprises, although Fannie Mae has imposed volume limits on some newly approved seller/servicers that have posted big increases in their sales to the GSE. Several industry executives and their outside advisors fully expect...