The more exaggerated the rate moves, the greater the gain or loss.

Compared to the same period a year earlier, retail loan production fell by 23.3 percent at Citigroup...

Single-family mortgage business at Fannie Mae and Freddie Mac slumped in the fourth quarter of 2018 as purchase-mortgage activity faded, according to a new Inside The GSEs analysis of mortgage-backed securities disclosures. [Includes two data charts.]

Rep. Maxine Waters, the first woman and first African-American to chair the House Financial Services Committee, comes to power in a particularly partisan climate. The Democrat from California officially took the gavel on Jan. 3, when the 116th Congress convened.

The Securities Industry and Financial Markets Association held a meeting last month to discuss the rollout of the uniform mortgage-backed security.

The Federal Housing Finance Agency last week announced revisions to its final rules pertaining to capital requirements for Federal Home Loan Banks.

At 21 days, the current government shutdown ties for the longest on record, and its impact on the GSEs and housing finance remains fluid.

Freddie Mac last week announced the creation of its latest vehicle for credit risk transfer — the Multifamily Credit Insurance Pool.

Merchant Capital, an affordable housing lender based in Carmel, IN, announced in late December that it used Freddie Mac’s first official non-LIHTC forward commitment to secure financing for a $19.7 million workforce housing development in Rochester, MN.

Last August, Fannie Mae and Freddie Mac said they were ending their pilot programs in the single-family rental market after the Federal Housing Finance Agency determined that the market could get along just fine without the GSEs’ help. But that didn’t stop Freddie from issuing a whitepaper last month that takes a deep dive into the rapidly changing world of SFR.