Flagstar estimates it will recover about $1 million of the cost in the third quarter while it continues to pursue other legal remedies tied to Live Well...

A reason for GSE shareholders to rejoice: The FHFA will eliminate the net worth profit sweep shortly… 

The CFPB will leave all previously disclosed fields intact, including consumers’ narrative descriptions of their complaints...

One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...

Freddie Mac was active in the MSR financing sector while Fannie stayed mostly on the sidelines.

The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.

One industry lobbyist, requesting anonymity, noted that when it comes to a possible recapitalization-and-release plan for Fannie and Freddie, “Everything flows from the capital rule. This shows us the [recap and release] process will not go quickly.”

One Fannie/Freddie historian reminded us recently that there used to be a conforming loan limit for GSE multifamily loans. The big question: Why did it disappear?...

FHFA modifies multifamily caps to help keep Fannie and Freddie from crowding out private investment.

Regulator increases the GSEs' multifamily caps while, at the same time, removing exclusions for green loans.