In the same 10-Q filing, Fannie makes it clear that it does not like one bit the prohibitions the FHFA has placed on its ability to offer volume-based pricing discounts to its seller/servicers. It also chafes at the notion of “similar restrictions" and being forced to operate a cash window for small lenders...

The GSE regulator said later on he found out that “lender A and lender B” were getting a different set of terms…

So now the big question: Are nonbanks really that risky when compared to depositories? A few decades ago, Congress had to bail out the savings and loan industry to the tune of $150 billion.

HomeStreet was faulted for paying mortgage referrals to real estate brokers and homebuilders...

Consultant Brian Chappelle credits FHA for taking action earlier in the year to stop risk layering on borrowers with lower credit scores.

If Fannie and Freddie are in fact released from conservatorship will they quickly rebuild their lobbying shops?

“Acting” is a title worn by many political appointees in the current administration…

In case you haven’t noticed, the yield on the benchmark 10-year Treasury was at 1.86% as IMFnews went to press compared to 1.46% in early September. That’s a difference of 40 basis points…

HUD’s addendum to the Uniform Residential Loan Application form is being revised to reflect regulations, ensure accuracy of borrower information, reduce lender uncertainty and maintain FHA’s ability to enforce program requirements.

Freddie CEO David Brickman: “The ability to absorb that risk is largely a function of how much capital you’ve got, and we have very little.”