NRZ Mortgage Holdings and Towd Point are the winning bidders of Fannie Mae’s sixth reperforming loan transaction and first for 2018. The GSE announced the winners this week.The loans were divided into two pools. NRZ, a subsidiary of Fortress and the nation’s fifth largest residential servicer according to numbers from Inside Mortgage Finance, won the first pool. It consisted of 3,015 loans with a UPB of $686 million and average loan size of $226,659. NRZ’s investment estimate is between $200 to $250 million, according to an analysis by Keefe, Bruyette and Woods analyst George Bose.

SG Capital Partners focuses on loans with higher balances than other nonprime MBS aggregators.

On the plus side, Wedbush sees mortgage servicers and home builders benefitting…

Wertheimer testified that during her tenure, the FHFA-OIG has issued 85 reports and made 117 recommendations to address supervisory shortcomings.

Pershing Square Holdings, one of the largest speculators in Fannie Mae and Freddie Mac common stock, is doubling down on its investment in the two government-sponsored enterprises by taking a different tack: Instead of increasing its positions in the common, it’s been buying up the junior preferred as well.

The agency issued $92.58 billion in MBS backed by forward mortgages during the first three months of 2018.

According to the consulting firm of Garrett, McAuley & Co., some mortgage loan officers at depositories earn at least four-times what their CEOs make...

The hiring of Gill hire has prompted some speculation that SoFi might resume issuance of non-agency MBS…

In a nut shell, Wells argues it’s not running a charity (but of course) and that executive compensation is “designed to pay for performance and encourage long-term shareholder value.”

Expanded-credit MBS issuance tripled in the first quarter…