The latest tally from Inside The GSEs has Fannie and Freddie repaying all of their borrowings from the U.S. Treasury plus an additional $50.6 billion – money that has gone directly into the government’s coffers.

There has long been a concern in the market that if either GSE has a negative net worth, that investors will stop buying their MBS, which would cause the home buying process in America to crumble.

The red ink marks the first time in four years that the government-sponsored enterprise booked a quarterly loss.

Keep in mind that hedging can be a tricky business, whether you're a GSE or not...

Among the top five contributors to jumbo MBS, all were nonbanks, except First Republic.

The remaining principal balance of securitized VA loans was $426.8 billion, up 5.1 percent from the prior quarter.

Discussing the new integrated disclosure rule known as TRID, Ishbia noted that loan brokers “adapted wonderfully and we are closing a lot of TRID loans.”

Among the top ten residential lenders, CitiMortgage and Bank of America had the weakest growth rate...

In an apparent confirmation of the fears of some industry representatives, CFPB Director Richard Cordray seemed to blame technology vendors for some of the failures the mortgage industry might have in complying with the bureau’s Truth in Lending Act/Real Estate Settlement Procedures Act Integrated Disclosure (TRID) rule. “Quite frankly, I have been disturbed by reports I have been hearing about the vendors on whom so many of you rely,” Cordray said in a speech at the Mortgage Bankers Association’s annual convention in San Diego recently. “Some vendors performed poorly in getting their work done in a timely manner, and they unfairly put many of you on the spot with changes at the last minute or even past the due date,” ...

There is one GSE issue that Democrats and Republicans see eye-to-eye on: capping the pay of CEOs working for Fannie Mae and Freddie Mac.