According to Quicken, the loan could work well for retirees...

Fannie Mae retains risk on the first 150 basis points of losses...

The ARM share typically goes up when interest rates rise, but not this time around…

Clinton Jones has worked for the HFSC since February 2013. From 2007 to 2008 he was a registered lobbyist for Fannie Mae.

As one veteran industry lobbyist explained with a hint of ire: “You’re telling me that a bunch of lame duck Congressmen who lost an election are going to show up on the Friday before Christmas?”

She brought a certain depth of knowledge to the table for her boss, Ben Carson, a career brain surgeon with little in the way of housing and mortgage experience.

FHA will increase its floor for forward mortgages to $314,827 from $294,515.

With Mel Watt’s term as FHFA director ending in early January, a new director appointed by President Trump is widely expected to take actions to reduce the GSEs’ footprint…

Loans with DTI ratios exceeding 50 percent accounted for 29.60 percent of FHA business in Ginnie MBS during the first two months of the fourth quarter…

The latest reading is a sign that liquidity is suffering and the creation of new agency securities is in the doldrums...