Non-agency MBS sponsors will be allowed to retain the risk portion on vertical or horizontal tranches of the security or a combination of the two.

FIRREA – ushered in during the nation’s savings and loan crisis – has four notable elements which make it an attractive path to prosecution...

After all, didn’t America suffer a housing “depression” because credit was too loose? Some GOP conservatives in Congress live by the edict: those who can own; those who can’t rent…

Servicing brokers expect a land rush of servicing deals before yearend.

Buyers of “bulk” Ginnie mortgage servicing rights will have to meet the test by January 2015.

What does IBM have to do with the mortgage business? Actually quite a bit, IBM is one of Fannie Mae’s largest technology vendors...

In defining misrepresentations, FHFA will set a minimum number of loans that must be identified with one of the six trigger elements.

Creation of a single GSE MBS would eliminate Freddie Mac's pricing disadvantage and improve liquidity in the to-be-announced market.

Government attorneys sought to block Howard’s access on the grounds that he owns Fannie shares and would be biased.

Waiting several years to unify Fannie Mae and Freddie Mac securities into a single MBS could pose a huge risk to its successful completion, warned the mortgage banking industry, but Wall Street thinks it’s worth the wait to get market participants totally behind the move. The Federal Housing Finance Agency’s proposed single security for the government-sponsored enterprises met with conflicting views as the comment period ended this week. The proposal is aimed at eliminating Freddie’s pricing disadvantage and improving liquidity in the to-be-announced market. The Securities Industry and Financial Markets Association urged...