Freddie's quarterly profits took a (presumably) one-time hit from expenses accrued due to the Fairholme v. FHFA decision in August.

FSOC plans to set new standards for applying a “systemically important financial institution” designation to nonbank financial companies.

With the CFPB's open banking proposal, consumers would be able to connect checking, credit card, digital wallet and prepaid accounts to third-party institutions in order to access different products and services.

ARMs accounted for 10.7% of mortgage applications last week.

Complaints about mortgages were down 6.2% compared with the second quarter.

A $491 million payout to junior preferred shareholders in the third quarter cuts Fannie Mae profits to $4.7 billion.

Redwood Trust spilled red ink in the third quarter but expanded its jumbo portfolio and bank partnerships over the last three months.

Republicans in the Senate have concerns and a report from TransUnion highlighted negative impacts from the move.

Prices were up 5.6% on an annual basis in August, according to FHFA.

For the first nine months of 2023, the market was down 43.1% from a year ago...