In other words, if Fannie keeps earning money at this rate, it could repay its “debt” to Treasury by year-end or the first quarter of next year.

Specifically, Sen. Warren says she wants information on seller/servicers that were granted price breaks and the “basis” for “granting more favorable terms.”

Industry observers are reacting favorably to what is known about a recently announced agreement between Fannie Mae and the newest entrant to the mortgage insurance space to take up a risk-transfer transaction with the government-sponsored enterprise. In a agreement finalized July 15 but announced just last week, National Mortgage Insurance Corp. said it came out on top of a formal bidding process with Fannie to insure a pool of approximately $5.0 billion in mortgages as the GSE looks to expand its risk sharing with private entities. “Fannie Mae selected...

“It is difficult to project how many HARP-eligible loans will ultimately be refinanced,” the FHFA IG writes in a new report.

For the first time in six years, the four surviving private MIs reported a combined profit on their domestic MI business during 2Q13.

In its earnings release, Freddie said it will not capture its deferred tax asset (DTA) valuation allowance which now stands at $28.6 billion.

Who says that wholesale lending through loan brokers is dead? Carrington Mortgage and other firms are expanding in the sector.

Though the end of July, Freddie has issued roughly $302 billion of single-family MBS compared to $500 billion for Fannie.

Between 2008 and early 2011, unsecured credit extensions by FHLBs to European institutions swelled from $66 billion to $123 billion.

Portfolio recapture, wholesale, and builder channels accounted for almost 79 percent of its fundings in 2Q.