More than a dozen mortgage and housing groups are backing a House bill that would prevent guaranty fees on Fannie Mae and Freddie Mac mortgage-backed securities from being hijacked to pay for unrelated government spending. A joint trade group letter, signed by the Mortgage Bankers Association, Community Mortgage Lenders of America, the American Bankers Association, U.S. Mortgage Insurers and others, argues that tapping g-fees for other unrelated purposes imposes an “unjustified burden” on homeowners who would be forced to pay for the increase through higher monthly payments for the life of their loan. Our organizations were...

Commercial banks and thrifts reported a combined $123.8 billion of ABS on their balance sheets at the end of last year, a 3.7 percent drop from the third quarter…

Since Fairholme filed its “takings” case the government, Uncle Sam has turned over 48,000 documents totaling more than 500,000 pages.

The Guaranteed Rural Housing Loan initiative is the largest of the USDA’s single-family housing programs.

Fannie and Freddie are still worth less than social media darling Snap, but the gap is narrowing...

The agency share of total jumbo production reached its highest level in 2009 and 2010, immediately after “emergency” high-cost loan limits were put in place…

Among the top 30, LoanCare had the largest increase to its jumbo servicing portfolio…

Fairholme extolled the GSE’s massive fourth quarter profits of almost $10 billion, and called them “indispensable” to the mortgage insurance industry…

Just three depositories ranked among the top 15 issuers for February…

Researchers at the Federal Reserve Bank of New York said there’s still plenty of demand for home equity loans and cash-out refis but…