Stephanie Miller of Fannie Mae said the GSEs are working with SIFMA on the transition to the single security.

HSBC will pay $765 million to settle charges brought by the Department of Justice...

The new interim CEO was an EVP at PNC Financial where he led the real estate division and was a founding partner and managing director of BlackRock...

Fix-and-flip lender LendingHome, San Francisco, has surpassed the $3 billion market in originations...

In his report, KBW analyst Bose George said, “While Mel Watt, director of the FHFA, was questioned about some of these issues in past congressional hearings, this will be the first hearing to focus exclusively on this topic.”

Frater was also executive vice president at PNC Financial Services...

Years of preparation for single security issuance by Fannie Mae and Freddie Mac appear to be paying off as officials involved in the effort suggest that the government-sponsored enterprises and industry participants appear ready for the transition.

Fannie Mae and Freddie Mac shareholders received a bit of good news late last week when a judge sided with them on one of their arguments against the government.

It appears that the Senate is ready to tackle industry complaints about Fannie Mae and Freddie Mac pilot programs. The Senate Banking Housing and Urban Affairs Committee announced this week that they will hold a hearing on Oct. 18 to discuss the oversight of pilot programs at the government-sponsored enterprises. …

Purchase mortgages accounted for 71.4 percent of third-quarter GSE business…