Fannie and Freddie addressed that problem by beginning to structure CAS and STACR transactions as real estate mortgage investment conduits – which REITs can buy more freely.

The MBA chief also makes it blatantly clear that he is no fan of any “recap and release” proposals for the government-sponsored enterprises either...

Fannie Mae has approved Neighborhood Loans, Lombard, IL, as a new seller/servicer...

Under a new pilot program announced last week, Freddie Mac will purchase mortgages on manufactured homes at the same low rates available for traditional site-built homes.

Freddie Mac issues a checklist, the IG at the FHFA concludes an investigation and brokers thrive in California. [Includes one data chart.]

Agency production last month was buoyed by an increase in securitization of refinance loans…

Want to shrink Fannie and Freddie? Cut investor loans, then move on to cash-out refis…

If Michael Bright is not confirmed in the current Congress, President Trump will have to re-nominate him...

Retail originations declined more than third-party production in the three major mortgage-product categories during the third quarter of 2018, according to a new analysis by Inside Mortgage Trends. Based on survey data from a broad cross-section of lenders, retail originations fell 8.8 percent from the second to the third quarter. The wholesale-broker sector was down 1.9 percent, while correspondent production posted a 1.9 percent increase. The data ... [Includes two data charts]

Carrington Mortgage is working on its first non-QM securitization...