Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…

In what’s become a nearly annual event, the Congressional Budget Office this week suggested raising the guarantee fees charged by Fannie Mae and Freddie Mac, and/or lowering the loan limit, in order to reduce the federal deficit.

The profit margin outlook has declined for nine consecutive quarters…

The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…

The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...

Joseph Otting will be joining the Trump administration's "two-hat" club...

The news of Otting’s appointment and what might transpire afterwards did nothing to boost the share price of Fannie and Freddie common...

Fannie Mae and Freddie Mac sellers had to repurchase just $173.34 million of home loans during the third quarter of 2018 due to defects in the origination process, according to a new analysis by Inside Mortgage Trends. It was the lowest quarterly buyback total since the two government-sponsored enterprises began filing repurchase activity disclosures with the Securities and Exchange Commission in early 2012. There was, however, a 12.9 percent increase ... [Includes two data charts]

Repurchases of GSE loans by Fannie Mae and Freddie Mac sellers continued to decline in the third quarter, though the pipeline of unresolved buyback demands ticked higher. [Includes one data chart.]

Banks, savings institutions and credit unions held a combined $3.005 trillion of unsecuritizedsingle-family mortgages in portfolio as of Sept. 30…