The average daily trading volume in agency MBS shot up like a rocket to $269.7 billion in March, one of the best readings in quite some time. But what does it indicate?
Speculation continues to mount regarding whether Fannie Mae and Freddie Mac will be allowed to retain more capital. But will such a move be a precursor to a "recap and release" plan?
In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…