The report makes more than 80 recommendations related to fintech and nonbank financial policy.

HUD has been trying unsuccessfully to obtain authority from Congress to charge a similar fee to modernize its aging information technology systems…

In response to IG Report, FHFA Director Mel Watt said he agrees to “both” the recommendations made by IG Laura Wertheimer and will implement them…

Chris Boyle, chief client officer at Freddie Mac: “I don’t know how half of you make money.”

After two years of work, the FHFA throws the idea out the window...

The nonbank fintech market consists of a few large players and many small ones…

Data-based technological innovations are creating more opportunities for lenders to assess the risks posed by consumers who have traditionally been denied access to credit. While the conversation on exploring alternative data has been ongoing for the past few years, the industry now appears to be taking steps toward making this a reality.

As refinance business declines, the government-sponsored enterprises are stepping up efforts to help lenders produce more volume in other areas. At the California Mortgage Bankers Association’s secondary market conference this week in San Francisco, officials from Fannie Mae and Freddie Mac touted various efforts to help lenders and ultimately prop up GSE MBS issuance.

Of course, there are some in the industry who will argue Fannie and Freddie are hardly zombie-like at all...

The company released an estimate of earnings for the second quarter of 2018, forecasting a profit of $2.6 million to $3.2 million on revenues of about $142.1 million.