The credit box in Fannie Mae and Freddie Mac lending continued to widen – at a glacial rate – during 2017, according to a new Inside Mortgage Trends analysis of mortgage-backed securities disclosure data. The easing trend seemed to lose momentum slightly in the fourth quarter, as more government-sponsored enterprise business landed in the middle-risk categories. For the full year, 12.13 percent of GSE purchase loans were in the highest-risk ... [Includes two data charts]

All totaled, the new tax law will result in Treasury – which owns the senior preferred stock of the GSEs – forking over $4.01 billion to aid Fannie and Freddie...

After surging to an unusually high level of 26.6 percent in 2016, market share for the VA home-loan guaranty program eased to 24.1 percent last year…

Prior to release of 4Q17 results, the GSEs had an “account balance” of $103.0 billion with Uncle Sam: $291.4 billion of dividends paid to Treasury versus $188.4 billion of assistance received.

No one has suggested publicly that Mayopoulos is unhappy with his pay, but in a new 10-K filing, Fannie worries that...

The House of Representatives this week approved bills extending regulatory relief pertaining to the integrated disclosure rule under the Truth in Lending Act and the Real Estate Settlement Procedures Act, or TRID.

Joshua Rosner, managing director of Graham Fisher & Co., states: “This sounds like the early stages of a utility model..."

The DTA hit Fannie took and the resulting net loss was fully expected and likely won’t cause an uproar on Capitol Hill. However, one lobbyist quipped: "Ah, the first taxpayer bailout of a large financial institution since the Great Recession."

Under this arrangement, the FHLBanks would be “jointly and severally liable” for the obligations of any single-family guarantor formed under the new system…

Housing finance reform legislation is being worked on in the House and Senate but has yet to be formally introduced.