Fannie Mae is in the hunt for a new CEO to replace current chief Timothy Mayopoulos, but finding just the right candidate could prove difficult because of a $600,000 salary cap placed on the position back in 2015 by Congress.

Impac's Justin Moisio: “Everyone’s getting into this game.”

Mel Watt isn’t likely to ride quietly off into the sunset as his term as director of the Federal Housing Finance Agency draws to a close at the end of this year.

But the bailout calculations – mandated under the Dodd-Frank Act Stress Tests – were not done by the FHFA.

Anthony Hsieh of loanDepot: “Relax everyone. Competition is good."

As of Monday morning, none of the parties involved – FHFA, the FHFA IG, and the Council – were commenting to IMFnews. Nor were they denying the existence of an investigation.

No wonder why Fannie and Freddie topped Business Insider’s list of the most profitable companies per employee…

The White House has reportedly assembled a dedicated team to find a successor to Watt, believing an early departure is a possibility…

Rep. Maxine Waters, D-CA, is none too thrilled with plans by the Treasury Department and Comptroller of the Currency to open up federal banking charters to fintech firms.

Layton said Freddie is exploring the use of additional credit risk transfers...