One fact seems certain: there are more purchasers for non-agency/nonprime loans than a year ago with a handful of foreign and even U.S. banks contemplating acquisitions…

The FHFA was created in part because its predecessor, the Office of Federal Housing Enterprise Oversight, was widely seen as lacking enough independence to adequately oversee the GSEs...

FHFA Special Advisor Bob Ryan noted: “I’m encouraged by the attention to this…”

Bank of America is retaining more of its GSE-eligible loans, though the strategy can result in short-term decreases to mortgage-banking income.

Perhaps the new Treasury secretary finally looked at the numbers, realizing that Fannie and Freddie – wards of the government since September 2008 – forked over roughly $20 billion to Uncle Sam…

Since the fall of 2008, Treasury has controlled the senior preferred stock in Freddie and Fannie, making the U.S. government the de facto owner of the two - and the linchpin to the housing and mortgage markets.

S&P said the revisions are intended to better reflect the evolution of the U.S. residential mortgage market over the past several years…

Stevens credited the Federal Housing Finance Agency with making “significant progress” in fixing the flaws of Fannie and Freddie...

On the news, Ocwen’s share price was up a stunning 37 percent on the day to $3.15.

First-time issuers and those that didn’t issue in the fourth quarter accounted for 56.1 percent of 1Q17 ABS production.