But the rule change that has generated the most confusion is one that limits acquisitions of loans secured by investment properties or second homes. One bugaboo: the start date.

Mortgage analysts have the right to ask: Where have all the depositories gone?

The notes acquired by institutional investors carry a maturity of three years.

Impac's production nearly doubled on a sequential basis in the fourth quarter but margins compressed.

As a result, the four board members appointed by Fannie and Freddie are now outnumbered by the five named by the FHFA.

The record $114.44 billion total for Fannie, Freddie and Ginnie represented a 33.7% gain from the third quarter.

The lender's gain-on-sale margin slipped to 176 basis points in the most recent quarter compared to 278 bps in the prior period...

In the first quarter, 52% of lenders said they believe their margins will decrease...

The agency noted the rule is consistent with a decision handed down by the U.S. Supreme Court last summer...

In 4Q20, Chase and Popular returned to more normal levels while repurchases at Wells remained somewhat elevated...