Fannie Mae and Freddie Mac should focus on things like cash flow projections, diversified funding and identifying potentially adverse events to manage their liquidity risk, according to a new advisory bulletin issued late this month by the Federal Housing Finance Agency. The regulator said it expects the GSEs to use liquidity metrics that coincide with their funds management strategies and provide a comprehensive view of their liquidity risk to make sure enough funds are available, at reasonable cost, to meet potential demands. “Strong liquidity risk management enables an enterprise to be financially sound to perform its public mission and to limit and control shortfalls in cash,” said the FHFA.

The CFPB said 26 data points are no longer required for those covered lenders...

Meanwhile, a dozen or so mortgage, housing and consumer groups are putting the final touches on a new letter to Treasury Secretary Steven Mnuchin...

Despite calls by the industry to improve and clarify the process, the FHA has yet to make a move to meet industry demands for a more detailed defect taxonomy…

According to industry consultant Rick Roque, residential originators are not lowering loan officer compensation quickly enough...

Origination capacity in the mortgage industry remains “elevated,” according to a new report from PiperJaffray.

CBO projects that under current law, the share of new single-family mortgages guaranteed or held by Fannie and Freddie will slowly recede…

But Wells Fargo dominated in the correspondent channel with a 20.9 percent market share...

The tax code includes several provisions that address whether the exchange of property is subject to taxation.

Cowen believes Rep. Maxine Waters will use the post to go after President Trump and his White House team...