A spokesman for Royce recently told IMFnews that the Congressman will look “to get something through the 114th Congress to put a stop to this…”

The 2013 GSE book of business is getting a lot more attention from Fannie Mae and Freddie Mac.

Fannie Mae and Freddie Mac reported further declines in repurchase activity during the third quarter of 2014, according to a new Inside The GSEs analysis of disclosure reports filed by the enterprises with the Securities and Exchange Commission. Mortgage seller repurchases and indemnifications totaled just $543.1 million during the third quarter, a decline of 68.7 percent from the previous three-month period. It was the lowest quarterly repurchase volume since ... [Includes one data chart]

The Congressional Budget Office in December opened a new approach to GSE reform that could become a middle ground between GOP hardliners who want to entomb Fannie Mae and Freddie Mac and lawmakers who want to keep some form of the current system. One way to reduce the GSEs’ footprint in the mortgage market would be to auction a limited supply of Fannie and Freddie mortgage-backed securities guarantees to the highest bidders, the CBO suggested ...

With Fannie Mae and Freddie Mac on solid financial footing in terms of earnings, some factions of the mortgage industry believe the two should be allowed to rebuild capital by retaining some of their profits. But getting there would require a hard push from the White House, and the approval of the Treasury Department, which controls the senior preferred stock of the two. In a recent letter to Treasury Secretary Jacob Lew and Federal Housing Finance Agency Director Melvin Watt ...

The head of the House Financial Services GSE Subcommittee called on the Federal Housing Finance Agency to look into whether Fannie Mae and Freddie Mac have resumed lobbying and other political activities, which were barred when the GSEs were put in conservatorship in 2008. Political activity by Fannie and Freddie has long been a bone of contention for many GOP members of Congress, who believe that lobbying, campaign contributions and advertising ...

However, originations aren’t expected to spike in 2015 due to a number of factors, including tight underwriting standards.

Barclays is acting as the administrative agent on the deal and will be the sole note holder.

Radian, said Ibraham, expects to be fully compliant with the PMIER rules and the sale of RAA will help the company “accelerate our ability to do so.”

“We tend to look at most everything if it is mainly performing and is 2010 or later vintage agency product," said Pingora CEO Michael Lau.