Holding fixed-rate mortgages in portfolio was considered a dangerous practice for depositories, but no more.

The FHLB's MPF Xtra program – an alternative to the legacy Mortgage Partnership Finance program – saw volumes spike to $6.9 billion in 2012.

A third non-agency, nonprime lender may come into being this year.

As part of the budget, an amendment passed the Senate that would prevent any hike in g-fees for non-housing issues.

Who is Phyllis Caldwell, and why is she being mentioned for the FHFA job?

FHFA's plan for a single MBS platform that would be managed by a new government entity separate from Fannie Mae and Freddie Mac does not mean the agency is contemplating consolidating the two GSEs at this time.

The Mortgage Bankers Association and other industry trade groups are backing bipartisan legislation that would modify the definition of points and fees in the 'ability-to-repay' and QM rules.

The $93 billion question for Fannie Mae, Freddie Mac, and FHFA: what is a "deferred tax asset" and how can it be used, if at all?

A federal employee union and the Department of Housing and Urban Development have agreed to implement a seven-day employee furlough because of a severe mandatory reduction in HUD’s budget in FY 2013. The seven furlough days, which also will affect FHA operations, will apply to HUD’s entire 9,100-person work force and will be spread out to one for each pay period beginning May 24. HUD initially proposed a 13-day furlough plan, which was to start May 10, but agreed to reduce it to seven days and to move the start date to May 24. Under an agreement between HUD and the American Federation of Government Employees Council 222, furlough days will occur on ...

The Department of Housing and Urban Development is tightening its oversight of principals in FHA-insured multifamily properties by requiring lenders to clear all requests for additional insurance commitments that exceed $250 million with HUD before approval. Recently issued guidance describes how lenders can obtain pre-approval from HUD when principals have FHA-insured assets greater than $250 million, including the proposed additional commitments. The department is concerned that FHA may be taking on too big a risk with such principals. HUD pre-approval is required to ...