The Federal Housing Finance Agency this week revealed estimates of how much it costs Fannie Mae and Freddie Mac to issue their popular credit-risk transfer debt notes, as well as more information on the kinds of investors that have been buying them. In addition to a report on the existing credit-risk transfer activities of the two government-sponsored enterprises, the FHFA also formally soliciting input on further development of the program, including the ongoing interest in so-called front-end CRT options. The FHFA’s cost estimates referred...

Several more court documents were released over the past week that offer additional details into the circumstances surrounding the Treasury Department’s decision to replace the quarterly dividend Fannie Mae and Freddie Mac had been paying in conservatorship with a net worth sweep. Industry observers say the new memos and deposition transcripts reinforce the notion that the government had been planning the sweep for a while before it was implemented in late 2012. The government-sponsored enterprises’ shareholders have been challenging...

The FHFA promises it will provide regular updates on NPL sales going forward…

Thanks to the megabanks turning “Chicken Little” on mortgages, the nonbanks have gained market share…

The payment-option ARMs at the center of this pilot program currently are out for bid.

MI firms are seeing an improvement in their stock prices of late...

FHFA examiners suggest that eventually Fannie and Freddie could have a negative net worth position once the capital buffer falls to zero…

Ocwen experienced the greatest percentage decrease in average monthly complaint volume from the first quarter of 2015 to 1Q16. Then again, Ocwen's servicing portfolio has been shrinking.

FHFA officials said they favor transactions that are repeatable and scalable.

Among those reporting higher application volume is Prosperity Mortgage, the residential lending arm of realty giant Long & Foster...