According to an Inside MBS & ABS analysis, the average credit score for GSE business in the first quarter was 745.1…

The company that owns the portfolio was described in the offering circular only as an “experienced seller.”

Industry observers like Tim Howard, a former Fannie CFO, said that while reducing the corporate tax rate would lower the taxes the GSEs pay in the long run, it would drain the value of their DTAs in the short term.

Consumer-direct LOs had a higher average base compensation than retail LOs but received much lower incentive payments.

AmeriHome Mortgage, a larger correspondent buyer of loans, recently said it’s hiring internal support positions.

Some in the industry believe the GSE common shares are essentially worthless with the junior preferred falling into the category of being a speculative bet.

Much of the talk has centered on the GSEs aiding liquidity in the manufactured housing market...

Purchase loans accounted for 57.9 percent of April issuance for all three agencies, the highest penetration since September 2015…

In response to a question about Fannie's capital buffer, Mayopoulos said, “It’s our mission to provide liquidity in all markets at all times and we’re continuing to do that. I am glad to see that policy makers are starting to refocus on housing market reform including the lack of capital at Fannie Mae and Freddie Mac.”

After the end of the first quarter, PennyMac acquired a bulk portfolio of Ginnie Mae mortgage servicing rights with an unpaid principal balance of $4.30 billion.