The Federal Housing Finance Agency could do a better job at utilizing the information it gets from Fannie Mae and Freddie Mac fraud reports, according to the agency’s Office of Inspector General.

Simone Grimes, who holds the title of special advisor, is still employed by the agency.

Ocwen said its ability to utilize the NOLs to offset future taxable income may be significantly limited if the company experiences an ownership change.

Roughly 86 percent of the mortgages are purchase-money loans...

The trading peak for the year came in February at $239.2 billion.

ICBA: “They [Freddie] can say whatever they want to, but financing MSR crosses the line.”

Meanwhile, Hindman doesn’t see Amazon or Google buying an existing mortgage franchise...

Most of the major MBS investor groups added to their holdings during the second quarter of 2018, according to a new Inside MBS & ABS analysis. [Includes two data charts.]

The Federal Housing Finance Agency and Treasury Department have asked the U.S. Court of Appeals for the Fifth Circuit to not entertain a rehearing in the Collins v. FHFA government-sponsored enterprise shareholder case.

The idea to ban nonbanks from the FHLB system (via the captive loophole) increasingly looks like a head-scratcher....