There has long been a concern in the market that if either GSE has a negative net worth, that investors will stop buying their MBS, which would cause the home buying process in America to crumble.

The red ink marks the first time in four years that the government-sponsored enterprise booked a quarterly loss.

In a recent letter to HUD Secretary Julian Castro, 69 House members called for policy changes that would relax FHA restrictions to facilitate the purchase and sale of condominiums.

Keep in mind that hedging can be a tricky business, whether you're a GSE or not...

Among the top five contributors to jumbo MBS, all were nonbanks, except First Republic.

The remaining principal balance of securitized VA loans was $426.8 billion, up 5.1 percent from the prior quarter.

Among the top ten residential lenders, CitiMortgage and Bank of America had the weakest growth rate...

First Republic Bank has contributed at least 21.3 percent of the loans that have been included in jumbo mortgage-backed securities issued in the first nine months of this year, according to a new ranking and analysis by Inside Nonconforming Markets. The bank was identified as having contributed $2.18 billion into jumbo MBS issued in the first three quarters of 2015, including $619.19 million in the third quarter. First Republic’s contributions to jumbo MBS issued in the third quarter alone topped the contributions of any other lender in the first nine months of the year. Jumbo MBS issuers and rating services generally disclose...[Includes two data tables]

Agency multifamily MBS issuance dropped more steeply, by 19.7 percent, but that was from the record $30.91 billion issued during the second quarter of this year.

The privately held Citadel will continue to service the underlying loans.