The MBS is top-heavy in loans from California, Florida, Georgia and North Carolina...

“You’re going to tell them to pound sand? Well, they’re going to say, ‘Okay, well we’re going to suspend the agreement, we’re not going to take any more loans from you,’” said James Brody, a senior litigation partner at the law firm of Garris Horn.

Downward pressure on home prices from rates and upward pressure from demand and limited inventory will likely balance each other out.

AAM's CEO has resigned in the midst an assessment of the company's lending operations.

Bank MBS holdings have now declined for six straight quarters after peaking at the end of 2021.

The settlement commits Nomura to full cooperation with federal investigators in “prosecutions arising out of or related to” the case.

Income generated by the 11 FHLBanks increased by more than 20% on a quarterly basis in the second quarter while FHLBank advances outstanding declined.

The lawsuit focused on whether $75 million of deferred principal payments owed by borrowers who had entered into loan modification programs following the 2008 financial crisis should factor into the clean-up call price of MBS held by Deutsche Bank.

Whether it's a mild recession or a soft landing, it won't make much difference to home sales, according to economists at Fannie.

The April-June period marked the second consecutive quarter in which Fannie Mae's CRT issuance exceeded Freddie Mac's, an unprecedented period of CRT dominance for Fannie.