In a contract worth up to $45 million over four years, the M&A specialist will help FHFA develop “a roadmap to responsibly end the conservatorships” of Fannie Mae and Freddie Mac.

Democratic senators ask Fannie and Freddie if they have attempted to model the risks associated with climate-related disasters, including floods, wildfires and extreme weather events.

All applications for LIBOR-based single-family and multifamily ARMs must be dated Sept. 30 or earlier or they won’t be eligible for sale to the GSEs.

Industry advocates point out that, unlike other forms of credit-risk transfer, private mortgage insurance stands in front of all other losses.

A Massachusetts couple pleaded guilty to mail fraud, identity theft and tax evasion in connection to a scheme to defraud Freddie Mac.

FHFA Director Mark Calabria is delivering on his promise to revamp the agency in preparation for the end of the GSE conservatorships.

The liquid assets required of nonbank seller/servicers will rise from 3.5 basis points to 4.0 bps for the unpaid principal balance of their enterprise servicing.

The CFPB plans to move away from the use of DTI as a criteria for a qualified mortgage, and instead opt for a pricing threshold.

SIFMA said the Ginnie-like market structure proposed by FHFA isn’t appropriate for conventional MBS. Moreover, the plan doesn’t address the continued misalignment of MBS issued by Fannie and Freddie.

A federal court sentenced Shirene Hernandez, a former Fannie Mae sales representative, to more than six years in prison for bribery.