The signors add: “We … believe the debate over recapitalizing a broken system distracts from the critical structural issues that Congress must address to ensure that the federally supported secondary market serves key, bipartisan objectives.”

News of the expanded repo line sent Walter's share price soaring...

Wells Fargo could have been subject to a whopping $10 billion fine...

The case started back in 2011 as a “whistleblower” lawsuit filed in New York. Allied, a net branch operator, was based in Houston.

At the ABS East show, Rep. Barr didn’t provide further details about Republican plans for the GSEs…

Congress is not expected to produce workable GSE legislation until next year and even then, other issues – tax reform, another run at fixing “Obamacare,” for example – could kick the can down the road.

When the depositions finally occurred, a CFPB witness used “memory aids” to deliver rote, sometimes unresponsive answers to questions.

In other words, the FHFA will once again order the dividends to be paid to Treasury. Right?

Acting Ginnie Mae President Michael Bright confirmed the resurgence of inappropriate streamline refinancing in securitization pools, promising a crackdown…

“We want to know if there are impediments because of our rules,” said CFPB Policy Analyst Patrick Orr…