Brooks was vice chairman of OneWest Bank, a depository once owned by current Treasury Secretary Steven Mnuchin.

Freddie Mac’s pilot program to extend lines of credit collateralized by mortgage servicing rights kicked into its second phase this month with the mortgage giant finding itself playing defense as the cries of “charter creep” continued to grow louder.

Although some industry members have voiced concerns over appraisal waivers offered by Fannie Mae and Freddie Mac, the Federal Housing Finance Agency Office of Inspector General said the risk is minimal. Only a small portion of loans are actually eligible for the waiver and the FHFA said it’s closely monitoring the program.

The central bank could lose its kingpin status if commercial banks continue buying…

Three nonbank lenders, all owned by PE firms, are key contributors to the deal…

Dealmakers, including Mark Garland of MountainView Financial Solutions, expect a flurry of activity this fall.

On Nov. 1, Fannie Mae will begin accepting applications for its new high loan-to-value ratio refinance product.

Kentucky product dominates the portfolio at 98.9 percent. Ohio is a distant second…

The IG says four officials in the FHFA’s Division of Conservatorship told investigators that Fannie did not face an “action forcing” event…

In late July, Director Watt issued a statement saying he had not “done anything contrary to law.”