Fannie Mae CEO Timothy Mayopoulos added: “Damage from the storms will be with us for a long time.”

Through the first nine months of the year, Fannie has posted impressive net earnings of $9.02 billion.

According to bidders in the market, the early action focuses on loans that are “stuck” on warehouse lines.

There continues to be some nervousness about VA receivables because of streamlined refinancings, although regulators are trying to curb abuses in the program.

Flagstar Bank was the top originator of loans that fed prime non-agency MBS in the third quarter…

Look for another reverse mortgage lender to hit the auction block...

In late December, Freddie will make its regular quarterly dividend payment to the U.S. Treasury, which holds its senior preferred shares. When it does, most of the $4.67 billion in net earnings will be swept into the general fund.

Freddie Mac set aside almost $1 billion in reserves for "recent hurricane activity."

In the Chase MBS, 44.3 percent of the loans were originated by correspondents…

Aggressive refinancing now occurs immediately after the six-month window has expired, as some of the activity may have shifted into the custom pool market…