In the past, the FHFA has shot down a couple of program myths and emphasized that being significantly underwater doesn’t disqualify borrowers from using HARP…

Investors in Freddie (and Fannie Mae) common and preferred who bought their shares as a speculative investment are still wondering: Hey, when do we get some of that money?

Refinancing has been heavy this year. Ginnie MBS outstanding at the end of 2015 lost $99.51 billion of FHA loans through the first six months of 2016.

According to KBR, falling rates trimmed MSR values by roughly 6 percent.

Conduit deals issued in the second half of this year will benefit the most from spread tightening…

Next week, the GSEs will release 2Q results and all eyes will be on the line item that reveals the net gain or loss from their derivatives, the instruments the two use to hedge their MBS positions.

Impac said that while it sells production, it is now retaining more than 80.0 percent of its mortgage servicing rights.

When rates plunge at the end of a given quarter – as they did in June – it usually translates into large hedging losses for Fannie Mae and Freddie Mac. But this time around, there seems to be less chatter about the topic – and a reduced level of anxiety. Next week, both government-sponsored enterprises will release second-quarter results and all eyes will be on the line item that reveals the net gain or loss from their derivatives, the instruments the two use to hedge their MBS positions. In the first quarter of this year, Freddie posted...

Lenders originating agency mortgages are seeing plenty of demand in the secondary market, according to panelists at the California Mortgage Bankers Association’s Western Secondary Market Conference this week in San Francisco. “Capital is searching for a home,” said Rob Branthover, a managing director at Mortgage Industry Advisory Corp. He noted that many investors are focusing on agency mortgages. Mike Duncan, a senior hedge manager at Compass Analytics, said...

The Sixth U.S. Circuit Court of Appeals overturned a lower court decision that had cleared Freddie Mac of charges that it misled investors about its involvement in the subprime mortgage market. The lawsuit was filed in 2008 by the Ohio Public Employees Retirement System, which claimed Freddie made false public financial statements that hid its exposure to risky loans. The fund alleged that it lost more than $27.2 million as the value of Freddie stock plummeted. OPERS said...