Fink is expected to leave Fannie Mae in the second half of the year.

Wells Fargo’s legal woes are continuing after a federal judge in the U.S. District Court for the Southern District of New York last week ordered the company to face several lawsuits by institutional investors alleging MBS fraud. U.S. District Judge Katherine Polk Failla ruled that Wells Fargo must face five lawsuits by a few dozen funds that are holding the bank liable for losses incurred after the MBS they purchased lost value due to the financial crisis. The plaintiffs include...

As its footprint in the residential credit market expands, counterparties are looking to Annaly as a source of liquidity…

GSE originators have long complained that the rep-and-warrant policies need to be more transparent.

How much slack can the purchase market pick up? We’re about to find out…

Deephaven is headed by former Goldman Sachs managing director Matt Nichols, who earlier this year predicted strong growth for the correspondent buyer of non-QM loans…

Fannie Mae and Freddie Mac saw substantial declines in new single-family business during the first quarter of 2017, but the purchase-mortgage side showed some life in March, according to a new analysis and ranking by Inside Mortgage Finance. The two government-sponsored enterprises guaranteed $218.22 billion of single-family mortgage-backed securities during the first three months of the year. That was down 27.1 percent from the fourth quarter total of $299.25 billion – the biggest quarterly flow in GSE business since the second quarter of 2013. The refinance market was...[Includes three data tables]

It appears the Trump White House is once again seriously considering Pam Patenaude to be the deputy HUD secretary...

Just two firms – Redwood Trust and JPMorgan Chase – continued to dominate jumbo issuance in the first quarter…

Deephaven operates solely as a secondary market buyer of whole loans...