JPMorgan Chase is preparing to issue a non-agency mortgage-backed security stocked entirely with loans eligible for sale to the government-sponsored enterprises. While Chase has long included GSE-eligible loans in its non-agency MBS, the deals generally also include non-agency jumbo mortgages. The mortgages in the $313.56 million deal largely look to be conforming jumbos. The loans have an average balance of $527,877. Fitch Ratings noted that the collateral attributes of the pool are ...

But Freddie Mac’s 37.2 percent drop was the biggest, by far…

Pershing Square owns roughly 9.9 percent of Fannie/Freddie common…

The $81.35 billion in first-quarter Fannie/Freddie refi business was the lowest such total since the third quarter of 2014…

Fannie Mae and Freddie Mac recorded sharp declines in new business volume during the first quarter of 2018 despite a promising launch into the spring homebuying season.

This is what can happen when a federal agency is taken over by someone who once called it a “sick, sad joke.” Consumer Financial Protection Bureau Acting Director Mick Mulvaney this week issued a semiannual report asking Congress to remake the agency and require that major CFPB rules be approved by Congress.

Federal regulators should establish a “regulatory sandbox” to encourage innovation by lenders, according to the Mortgage Bankers Association.

Lenders cited a lack of inventory of homes for sale as one of the major factors limiting demand for purchase mortgages.

Finance of America ranked 22nd among all originators in 2017...

The FHFA’s Office of General Counsel will review all of the comments and report findings...