The FHFA IG job candidate must be able to withstand "moderate to arduous physical exertion involving walking and standing, use of firearms, and exposure to inclement weather."

It appears that PennyMac Financial Services is in the market to buy MSRs...

The FHA insurance fund received $336 million of the $614 million that JPM agreed to pay…

Roughly 75 percent of the loans will come from Georgia and will be top heavy in retail product.

The American Bankers Association believes GSE loan limits in much of the nation could be reduced.

In 2013, Freddie Mac reimbursed its servicers $1.4 billion but identified and denied $126 million in what the IG calls “erroneous” claims.

Where will Fannie Mae ultimately windup? The early betting is the Washington waterfront near Nationals Park…

Due diligence providers that work on MBS and ABS also will have to provide certifications to the rating services which will be disclosed on each rating issued.

Back in the 1980s, when Fannie Mae was losing $1 million a day, it contemplated selling the property and came up with a value of $10 million to $15 million. Today, it's worth much more than that.

Since the collapse of the non-agency market back in 2008, Fannie and Freddie have generally accounted for over 70 percent of new MBS production.