The government accused the San Diego-based Plaza Home of charging black and Hispanic borrowers higher fees than white borrowers on mortgages sourced through the wholesale channel.

Critics of program contend that the strings attached by Fannie Mae require too much oversight of REO investors, driving away potential top bidders.

FHA admits it will need a bailout, well sort of.

If the U.S. defaults on its debt payments, will mortgage rates go sky high? Meanwhile, will JPM rescure FHA?

Fannie Mae and Freddie Mac may take action to recover deficiencies from a defaulting mortgage borrower if permitted by federal or state law.

Although "legacy" GSE buyback requests are declining, Freddie Mac is paying close attention to more recent production.

The Federal Reserve continues to be an MBS hog, so much so that it may soon surpass commercial banks as being the top holder of these securities.

“Our tool puts valuable information into the hands of the public in an accessible way," said CFPB Director Richard Cordray. But will consumers use this information against mortgage lenders?

Here's an odd turn of events: Freddie Mac might bail out Uncle Sam. Meanwhile, the mortgage insurance industry continues to mend.

Bargain hunters are beginning to eye the mortgage market, hoping to pick up franchises at a discount to prices paid in 2012 and earlier this year. But getting capital-rich companies to sell – even with refinance production dwindling – could prove to be a challenge. “We haven't seen any efforts to re-price transactions in process,” said Chuck Klein, managing partner of Mortgage Banking Solutions, Woodway, TX. “If volume and profits are falling below the budget and forecast on deals at the discussion level, then the seller must be able to present a reasonable explanation of how they are to achieve projections in their budget and growth.” Larry Charbonneau, who runs Charbonneau & Associates, another Texas-based consultancy, said...