The review found that 37 percent of the mortgages were “deficient” and just 19 percent met FHA requirements.

The silver lining in the 2Q numbers is a strengthening home-purchase market. Fannie and Freddie securitized $81.7 billion of home-purchase mortgages during the second quarter, their highest quarterly volume since the second quarter of 2009.

On Tuesday the Fed will hold an open meeting to discuss final rule-making tied to the Basel III accords, which affects the value of mortgage servicing rights.

Spreads have widened significantly on non-agency jumbo MBS in recent weeks, cutting into issuers’ profits.

According to exclusive figures compiled by Inside Mortgage Trends, Citigroup had $748 million of disputed buybacks with the GSEs at March 31.

Authorizing the FHA to shift mortgage-servicing rights from one processor to another could have a ripple effect on Ginnie Mae servicing rights.

When rates shot up quickly, were some MBS investors caught behind the eight-ball?

A former federal prosecutor, Linick is credited with creating the agency’s Office of Inspector General from the ground up.

Wells Fargo and Quicken Loans continued to dominate the FHA lending market in May, according to a new analysis from Inside FHA Lending.

The SEC will push for admissions of guilt as part of settlements of lawsuits it files against private industry, including participants in the MBS market.