The bureau plans to extend the terms of half the current members in order to achieve the staggered terms and ensure continuity.

The only soft spot was in the servicing for non-agency mortgage-backed securities…

Based on Freddie’s annual profits, CEO Don Layton is probably one of the two most underpaid bosses in the world of finance. Soon that distinction will belong to David Brickman...

Wells Fargo, JPMorgan Chase and Bank of America had a combined jumbo servicing market share of 61.4% at yearend, according to figures compiled by Inside Nonconforming Markets…

The servicing package has an average FICO score of 740 and delinquencies of 1.94%.

Changes to the agency’s TOTAL Mortgage Scorecard, go into effect March 18...

An increase in retained earnings is a pre-cursor to GSE “recap and release,” or as Fannie/Freddie investors call it, the Holy Grail…

In the fourth quarter, Impac’s gain-on-sale margin increased 85 basis points to 203 bps, a reflection of its growing originations of non-QM loans.

NAR would like to see Fannie and Freddie restructured as tightly regulated shareholder-owned utilities...

MIAC is also ready to take final bids on a $315.3 million Fannie/Freddie/Ginnie Mae MSR portfolio…