A bill introduced in the Senate last week with some bipartisan support would allow real estate investment trusts to regain access to funding from Federal Home Loan Banks. The bill would overturn a 2016 rule from the Federal Housing Finance Agency that restricted captive insurance companies from being FHLBank members. Before the FHFA rule took effect, a number of REITs established captive insurers to gain access to FHLBank advances, which come with better terms than ...

The Federal Home Loan Banks may be required to jointly establish at least one entity to aggregate conventional mortgages and use a new government program to issue guaranteed MBS under draft legislation from Sen. Bob Corker, R-TN.

January volume was the lowest monthly total since May 2017…

The names of Fannie Mae executives potentially involved in conflicts of interest were redacted from the report.

PennyMac originated $17.04 billion of home mortgages in the fourth quarter, largely through the correspondent channel

The new game in town is figuring out who will succeed Mel Watt as director of the Federal Housing Finance Agency...

The conventional-conforming market held up relatively well in the fourth quarter, with origination volume easing by just 0.7 percent…

Issuers cited by Ginnie Mae are expected to deliver a corrective action plan...

Analyst Barry Habib of MBS Highway told us last week that once the yield breaks above 3.00 percent it’s only a matter of time before it hits 3.80. Just think of what that might do to the mortgage business…

The Federal Housing Finance Agency Office of Inspector General took issue with the way Fannie Mae handles potential conflicts with its senior executive officers and wants the FHFA to pay closer attention to the problem.