It might be said that OFHEO was a weak federal regulator...

In the first quarter, average credit scores on purchase mortgages were virtually unchanged…

In settling with the SEC, Merrill Lynch did not admit or deny the findings…

Do federal deficits even matter anymore? Jeff Gundlach thinks so...

By comparison, commercial banks must have tier 1 capital of 8.0 percent of risk-weighted assets.

Mortgage brokers actually gained some share in the government market…

The AAF warns against the GSEs becoming private entities again, noting there’s no way for them to raise enough capital…

The banks that report rates that form the basis of LIBOR won’t be required to participate in the survey after 2021…

A strong surge of purchase-mortgage business helped lift Fannie Mae and Freddie Mac production of single-family mortgage-backed securities in May, according to a new Inside The GSEs analysis. Credit characteristics in May production were relatively unchanged, however. The two GSEs securitized $65.63 billion of single-family MBS last month, a 6.8 percent increase from April’s volume. Most of the gain came from a 23.6 percent jump in purchase-mortgage business as home buying season kicked into gear. Refinance volume was up slightly, and neither ... [Includes two data charts.]

Some banks may be manipulating prices in Fannie Mae and Freddie Mac unsecured debt, according to several investigations launched late last week.The Department of Justice has reportedly opened a criminal investigation while the law firm of Hagens Berman is investigating the potential fraud.They suspect that traders from several banks have engaged in a coordinated attempt to manipulate pricing. Hagens Berman attorneys encourage investors and whistleblowers to report any information about potential antitrust violations and other fraud in the bond trading market to a tip line they recently established. This type of fraud has a large impact on market participants, according to Steve Berman, managing partner of Hagens Berman.