Bottom line: The Fed will keep buying agency MBS as long as it has to...

In a time of crisis should Fannie and Freddie be allowed to hold more MBS? Hike the GSE loan limit too?

Calabria suggested the new version of the capital rule might not look so different from the version proposed under the previous director, Mel Watt.

The goal is to stop a tidal wave of housing-related financial damage that might potentially destroy the social fabric of the nation.

Fannie and Freddie said residential borrowers are expected to contact their servicer to set up forbearance plan.

And therein lies a chief fear for the mortgage industry: as the economic damage caused by the spreading coronavirus piles up, will nonbank Ginnie issuers have enough liquidity to make those payments in the months ahead?

It would appear that Calabria, who took charge a little over a year ago, hasn’t made much progress in the matter.

The Trump administration has not only proposed extending the existing g-fee surcharge, but recommends doubling it. Not to be outdone, both Democratic presidential candidates, former Vice-President Joe Biden and Sen. Bernie Sanders, D-VT, also support raising g-fees.

The top two agency MBS issuers in February? Answer: Nonbanks Quicken Loans and PennyMac…

Is there any hope for GSE common?