An affiliate of JPMorgan Chase was the winning bidder on an auction by Freddie Mac of nonperforming loans with a balance of $188.3 million.

Beginning Dec. 9, servicers must use Freddie’s Resolve default management tool to complete the following actions: charge-offs, foreclosure sale reporting, custom modifications, deed-in-lieu of foreclosure and third-party foreclosure sale settlements.

Purchase-money mortgages accounted for 82.5% of agency MBS issuance during August, though the refinance share is growing.

Previous industry changes — the Uniform Mortgage Data Program, the single security initiative and the transition away from the London Interbank Offered Rate — took longer than expected to put into place and caught some stakeholders flat-footed.

The selection of Diana Reid means Freddie Mac, Fannie Mae and FHFA are now all run by female executives.

The Loan Store acquired Homepoint Financial’s wholesale lending operations last year.

High interest rates and low supply continue to affect the availability of the affordable homes required to fulfill the GSEs' housing goals.

PMIs say the tougher available assets standards won't impact their eligibility as approved insurers.

Fannie Mae and Freddie Mac issued a combined $2.34 billion in CRT securities, excluding reinsurance deals, in the second quarter. That was down 18.0% from the first quarter.

Loose IT security controls could have made it possible for a malicious employee, or an external party with access to that employee's account, to gain full control of the FHFA network.