Potential actions by regulators also give non-agency MBS investors cause for concern.

MBA's Stevens believes that making a change in the PSPAs would not go over very well in a Republican-controlled House and Senate.

Are recent graduates of business schools avoiding the mortgage industry?

In addition to the $36 million judgment against Golden First, Movtady was ordered to pay a $300,000 penalty within six months.

SunTrust wouldn’t comment on the charge other than to note that the issue has been previously disclosed.

Who knows, maybe Mel Watt will allow Fannie and Freddie to build retained earnings. (Don’t bet on it, but it’s an issue worth debating.)

Rep. Scott Garrett, R-NJ, is concerned that Fannie and Freddie have resumed lobbying, at least in subtle ways.

The Federal Housing Finance Agency is fighting state-level court actions that threaten the first-lien status of loans backed by Fannie Mae and Freddie Mac, including a recent ruling in Nevada granting a homeowners association priority in collecting unpaid HOA fees ahead of the mortgage lender in a foreclosure. The regulator has filed separate actions in federal court in Nevada seeking to overturn recent state court rulings allowing HOAs to jump to the front of the creditor list with ...

Fannie Mae and Freddie Mac are continuing their efforts in support of the Consumer Financial Protection Bureau’s eClosing initiative as well as the broader industrywide push for eventual eMortgage adoption, despite the challenges that have confronted the latter over the past decade. Ann Epstein, product development director at Freddie, told Inside The GSEs she does not think the limited adoption of eMortgages to date is a technology issue. “The technology ...

The American Bankers Association is urging the Federal Housing Finance Agency to withdraw its proposed amendments to membership eligibility in the Federal Home Loan Bank System, saying the proposal would make the liquidity provided by the 12 FHLBs subject to uncertainty and add regulatory burden to member institutions. The ABA, in a Dec. 19 comment letter, took particular exception to the measures requiring a member’s mortgage holdings be reviewed annually instead of ...