The former Fannie Mae economist suggested the Fed should decide to have a measured reduction in its MBS holdings…

The FHFA wants the GSEs to provide liquidity to the trailer home market but there are risks...

During his long career in mortgage finance, Marzol held senior posts at Fannie Mae where he served as executive vice president and chief credit officer...

The company that owns the portfolio was described in the offering circular only as an “experienced seller.”

Total issuance of agency single-family MBS rose a scant 0.6 percent from March to April, according to a new Inside MBS & ABS analysis and ranking. All of the increase came from Ginnie Mae issuance, which rose 16.1 percent from March, hitting $36.30 billion in April. Things were different for the two government-sponsored enterprises: Fannie Mae saw a 3.4 percent decline from the previous month and Freddie Mac volume was down 13.0 percent. Ginnie fared...[Includes two data tables]

Purchase loans accounted for 57.9 percent of April issuance for all three agencies, the highest penetration since September 2015…

The number of FHA loans 30-60 days past due declined by 28.4 percent, lowering the delinquency rate by 1.51 percentage points…

Patenaude also served as HUD assistant secretary for community, planning and development during the George W. Bush administration.

Mortgage default rates for FHA and VA loans followed seasonal trends and shifted significantly lower in the first quarter of 2017, according to a new analysis and servicer ranking by Inside FHA/VA Lending. While both portfolios showed strong growth in the dollar volume of loans outstanding in Ginnie Mae mortgage-backed securities, there were also huge declines in the number of loans past due. Some $1.036 trillion of FHA forward mortgages were in Ginnie pools at the end of March, up 1.1 percent from the previous quarter. But delinquency rates for the less-severe categories of late payment were down sharply. The number of FHA loans 30-60 days past due, for example, declined by 28.4 percent, lowering the delinquency rate by 1.51 percentage points, leaving it just about where it was a year ago. The same thing happened in the VA sector. Total VA supply grew 3.2 percent to ... [Charts]

The VA Home Loan Guaranty Service is revisiting agency rules on allowable fees and charges veterans pay to obtain a VA loan for possible changes. VA is seeking comments on a proposed rule that would ease current restrictions to put borrowers in a better position to bargain during negotiations for a home purchase. While the current rule continues to protect veterans from incurring unreasonable closing costs as originally intended, some veterans and their representatives have complained that the restrictions weaken their ability to negotiate with sellers and lenders. Compared with a conventional purchase-loan transaction, sellers and lenders find it more difficult to deal with a borrower with a VA loan because they end up bearing many of the customary fees and charges, the VA explained. “The restrictions on fees and charges puts borrowers at a bargaining disadvantage against ...