One of those powers, according to the filing, is: “The adoption of an agreement of merger or consolidation or the adoption of a certificate of ownership or merger.”

Given Calabria’s past statements about the GSEs, some Democrats believe he isn’t the best person for the job…

The White House: “Housing finance reform is a priority for the administration … At this time, no decisions have been made on any reform plan. As part of the process, however, the administration will work with Congress…”

The Protect Affordable Mortgages for Veterans Act of 2018 was passed by the House via a voice vote on Sept. 26 and then sent to the Senate, where it was stalled on a technicality.

In the Zabriskes’ case, the foreclosure was a short sale that had been miscategorized…

So much for administrative reform of Fannie and Freddie...

Servicing practices attracted the most mortgage-related complaints, accounting for almost half, Inside the CFPB found…

Currently, Fannie and Freddie are allowed to maintain a maximum capital cushion of $3 billion each. Anything above that amount is swept into the U.S. Treasury. …

New Rez’s MSR haul: $50.9 billion of agency product...