Certain SFR operators have been criticized for gobbling up thousands of properties for corporate ownership, thus removing these units from the inventory of homes available for sale.

Bright has been mentioned in housing and mortgage circles as a possible successor to FHFA Director Mel Watt.

When bonuses and benefits are factored in, Grimes says the pay disparity totals $100,000 per year...

A year ago, just 12.1 percent of new purchase loans fell into the highest-risk category…

The FHFA wants Fannie and Freddie to institute proper controls and perform monitoring on their multifamily counterparties…

Grimes' resume also includes stints at Grant Thornton and Price Waterhouse Coopers...

Most of the month-to-month slump was at Freddie, where MBS production fell 8.9 percent from June.

A heavily redacted Federal Housing Finance Agency Inspector General management alert about credit scores, published in late July, involved Fannie Mae CEO Timothy Mayopoulos, sources confirm.The 15-page report only mentioned that a “senior executive” was involved in a conflict-of-interest administrative review pertaining to alternative credit scores. It said that the executive did not disclose “critical information” about potential conflicts of interest arising from a personal relationship. Based on the IG report, it seems that Mayopoulos did disclose and recuse himself from business decisions related to alternative credit scores. But the IG report appears to take issue with the fact that he did not “fully disclose” the information.

Fannie Mae and Freddie Mac appear to be on track for a June 2019 launch of the new uniform MBS, but the Securities Industry and Financial Markets Association has yet to issue a formal declaration on to-be-announced eligibility for UMBS.

Banks still favor Fannie Mae and Freddie Mac pass-through securities, but…