In general, the proposed rule would reduce the required capital for Fannie Mae and Freddie Mac by decreasing the size of the prescribed leverage buffer...

The rule has since been suspended. However, recent MBS issuance shows a continuing impact on market behavior.

The 10 bps g-fee strip inaugurated in 2011 to pay for a temporary tax cut is set to enter its second decade, despite expiring more than a month ago.

The OIG report also documents the lack of continuity in the leadership of DER.

The government-insured market was under more pressure...

The proposal also includes a new area-based subgoal designed to reduce the likelihood that GSE purchases in low-income areas go disproportionately to higher-income borrowers.

Large mortgage bankers recorded a 5.2% gain in GSE servicing, while small- and mid-sized companies posted an 8.7% gain....

Wards of the Uncle Sam since the fall of 2008, these days the two government-sponsored enterprises are considered instrumentalities of the executive branch with little prospect of their conservatorships ending.

One of the most active warehouse providers to non-QM lenders is Silvergate Bank in La Jolla...

Commercial banks continue to show no love for MSRs, except for JPMorgan Chase...