According to FHFA’s own performance and accountability reports, the number of employees at the agency grew from 609 in 2019 to 635 in 2020. More tellingly, FHFA has budgeted for an additional 113 employees in 2021.

If loan brokers violate the agreement, it could cost them upwards of $50,000...

If MBS returns go negative, that means lenders will have to hike rates to entice investors. Right? Consequences?

The agencies issued $304.15 billion of new single-family MBS in February — the fifth straight month over the $300 billion mark, a level never seen until August of last year.

Mike Baldwin: He added: “Productivity is up along with the volume, so we have been very pleased. I really can’t cite any challenges that arose from working remotely. We’ll continue to be flexible.”

Lenders originated an estimated $1.431 trillion of home-purchase loans last year, a solid 13.9% increase from 2019...

Under standards established during the last days of the Trump White House, the patch was set to expire for loans with applications of July 1, 2021 and beyond.

What goes up, sometimes comes down.

PennyMac is hardly alone, but its disclosure reveals just how profitable the strategy can be...

Chopra said industry participants will be offered a “robust way to comply” with fair lending laws and that wrongdoers will be held accountable...