The Federal Housing Finance Agency published its 2019 annual performance plan last week for overseeing the GSEs and Federal Home Loan Banks next year. The performance plan supports the FHFA’s long-range strategic plan, and includes goals, performance measures and targets, and strategies to accomplish those goals.

Fannie Mae Gets Interim CEO. Fannie Mae announced this week that it has appointed Hugh Frater as interim chief executive officer. Frater's appointment will be effective on Oct. 16, 2018, subject to final approval from the Federal Housing Finance Agency.

The correspondent share of the market rose to 39.5 percent, the highest it has been in years...

Use of artificial intelligence seems to be concentrated at nonbanks…

Next Thursday, the Senate Banking Committee will hold a hearing on GSE pilot programs…

The Senate Banking, Housing and Urban Affairs Committee next week is expected to push officials from Fannie Mae, Freddie Mac and the Federal Housing Finance Agency on controversial pilot programs that have drawn the ire of certain industry factions.

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...