A huge chunk of the fall-off in Fannie/Freddie MBS holdings occurred at Wells Fargo, which reduced its investment in these securities by $7.31 billion.

The implication is that banks – which seems to have excess capacity on their balance sheets – could simply hold conventional loans in portfolio…

According to a statement issued by Ocwen, while at Fannie Yanoti was responsible for developing the common securitization platform.

Altisource has a stock repurchase plan in place that expires at Dec. 31…

Cowen believes Mnuchin will survive the turbulence but notes the situation still poses a risk to Fannie Mae, Freddie Mac and the big banks…

The Trump administration is reportedly eyeing Mark Calabria, who now serves as chief economist for Vice President Mike Pence, as the next director of the Federal Housing Finance Agency, a five-year post that holds tremendous power over the government-sponsored enterprises.

The appraisal exemption proposal needs final approval from the CFPB...

In its comment letter to the FHFA, Fannie Mae suggests the rule should use original credit scores and LTV ratios, rather than mark-to-market values…

Impac CEO George Mangiaracina: “I don’t believe we’ve seen capitulation yet with respect to other originators.”

Carrington Mortgage this week announced the launch of its correspondent lending division.