What does IBM have to do with the mortgage business? Actually quite a bit, IBM is one of Fannie Mae’s largest technology vendors...

In defining misrepresentations, FHFA will set a minimum number of loans that must be identified with one of the six trigger elements.

Creation of a single GSE MBS would eliminate Freddie Mac's pricing disadvantage and improve liquidity in the to-be-announced market.

The fiscal 2014 audit report on the health of the FHA MMIF is expected to be released in mid-November.

Government attorneys sought to block Howard’s access on the grounds that he owns Fannie shares and would be biased.

In the second quarter REITs increased their investments in MBS by 9.7 percent on a sequential basis – the largest increase among any investor type tracked by IM&A.

Bill Dallas, who runs Skyline Lending, told us he believes the “new” non-agency movement is beginning right now. “Today, we‘re doing 90 percent agency,” he said. “In 2017 the ratio will be 60 percent agency.”

The Inspector General of the Federal Housing Finance Agency is among a growing list of official government watchdog agencies authorized to employ armed investigators when ferreting out waste, fraud and abuse, according to a recent report. The report issued by the Congressional Research Service listed some three dozen IGs that possess law enforcement authority, which legally empowers them to make arrests, seek warrants and carry firearms.

In fact, nearly a fifth of the repurchases involved loans sold to the GSEs by Lehman Brothers or its related mortgage businesses.

Under the proposal, lenders would be required to report the originations of QMs and non-QMs.