Meanwhile, KBW said it’s maintaining forward earnings estimates and $1 a share price target for both mortgage giants. Its overall rating is “underperform.”

In its final rule, the FHFA appears to have relented, finally paving the way for VantageScore to compete directly with FICO.

Fitch: “As long as Fannie and Freddie remain in conservatorship and continue to be supported by the substantial funding under the PSPA, their ratings will continue to be linked to the U.S. sovereign rating."

UWM CEO Mat Ishbia: “I’m not a person that believes the expiration of the patch is going to be a major industry event.”

Two questions – one about language preference and another about homeownership education and housing counseling – will be removed from the GSE application.

The volume of highest-risk loans rose over that period, but at a relatively slower 25.1% rate.

At Fannie and Freddie, cash-out refinance volume was up 16.0% from June, while rate-term transactions rose 12.6%.

Roughly four years ago, Ocwen Financial employed 10,500 workers worldwide. The firm's headcount is down dramatically since then...

CSS has retained Spenser Stuart – a talent vendor frequently used by Fannie – to conduct an executive search.