Fannie Mae and Freddie Mac reported lower earnings for the fourth quarter of 2018, the victims of a slowing mortgage market and, ironically, lower interest rates at yearend compared to Sept. 30, which resulted in hedging losses.

Private equity firm Thoma Bravo this week agreed to buy mortgage software giant Ellie Mae for roughly $3.7 billion in cash, a price some believe is too expensive based on the vendor’s declining revenue base.

The great mortgage M&A boom of 2019, so far, is turning out to be a bust. [Includes one data chart.]

It’s rare but Fannie and Freddie reported results on the very same day…

Fannie and Freddie rarely report quarterly results on the same day, but they did so this morning...

The nominee promises not to impose his personal views on Fannie and Freddie...

But not all conventional lenders are handing out pink slips these days...

After two-plus years of waiting, the Genworth deal has yet to close...

Under the terms of the agreement, Ellie Mae shareholders will receive $99.00 in cash per share.

New Rez continues to gobble up MSRs like there's no tomorrow...