CFPB Director Cordray has responded with a detailed account that differs with the committee staff report in a number of ways...

Deal agent compensation likely would include additional fees for less common, more intensive work…

The Fannie Mae portion of the MSR sale is expected to close sometime in the third quarter.

Fairholme is scheduled to talk about its investment in Fannie Mae and Freddie Mac...

Fannie Mae General Counsel Brian Brooks is rumored to be up for a top post at the Treasury Department, a development that if consummated would add yet another seasoned industry veteran familiar with the government-sponsored enterprises to the agency. What that might mean for “administrative” reform of Fannie Mae and Freddie Mac is another question. As Inside MBS & ABS went to press this week, Brooks – who joined Fannie from OneWest Bank in November 2014 – had not been...

It’s Ginnie Mae by a nose: $1.704 trillion in MBS to Freddie Mac’s $1.703 trillion…

Treasury said one problem with the current risk-retention rule is that it’s promulgated jointly by six different federal regulators.

Former Ginnie Mae president Ted Tozer stressed the importance of getting the post filled as soon as possible. “The way things are going, by yearend Ginnie will have $2 trillion of guarantees on its books,” he said.

“By limiting the volume of securities that private investors will have to absorb as we reduce our holdings, the caps should guard against outsized moves in interest rates and other potential market strains,” said Fed Chairman Janet Yellen.

The betting is that Bruce Berkowitz and Fairholme plan to ride out their GSE investment to the very end.