Genworth’s sale to China Oceanwide Holdings is still pending. The deal was struck back in 2016. So what’s the hold up? The short answer: Selling anything to China is complicated these days...

The combined portfolio of the top five servicers actually declined slightly during the third quarter. Megabanks Wells Fargo, Chase and Bank of America shed a combined $26.8 billion during the third quarter, with $20.0 billion of that taking place at Wells. Mr. Cooper Group, the largest nonbank servicer, reported a slight $2.5 billion drop, although its subservicing portfolio grew 2.8% to $310.5 billion.

Prior to being placed into conservatorship in the fall of 2008, it was common for Fannie Mae and Freddie Mac to offer guarantee fee discounts to their largest customers, a situation that put smaller lenders at a disadvantage.

On the revenue front, Fannie took in $5.63 billion during the quarter compared to $5.39 billion in 2Q19. The company booked hedging losses of $713 million during the period, down 5.4% sequentially.

Happy Holidays from the FHFA: Certain Fannie Mae executives will see a reduction in "deferred" compensation...

MP Thrift, which is controlled by MatlinPatterson, completed a slightly larger sale of Flagstar’s shares last year...

Mayer Brown attorneys said a synthetic structure can receive favorable capital treatment while traditional non-agency MBS cannot.

It was the second quarter in a row that Freddie Mac was allowed to keep all of the money it earned as opposed to upstreaming retained capital in excess of $3.0 billion to the U.S. Treasury, the owner of its senior preferred shares.

Citadel has not securitized non-QM loans, opting instead for whole loan sales. But with a new owner, all that could change...

The senators argue that the failure to gather market-wide information will result in disparate treatment of borrowers and lead to data quality issues.