Fannie Mae and Freddie Mac and spending a ton of money each year on outside contractors, including technology firms, attorneys and accountants.

Citibank continues to finance PennyMac and its affiliates. The bank recently increased a repo line it had with the publicly traded REIT.

Nine Attorneys General, unhappy with the pace of loan modifications, are calling for the immediate dismissal of acting FHFA director Edward DeMarco.

Fannie Mae could be in line to book $60 billion in assets, money that could be counted as net worth and change its immediate financial outlook.

A top production executive from CitiMortgage has departed the megabank for the pastures of Texas and Nationstar Mortgage.

Freddie Mac is still owed $1.2 billion from Lehman Brothers, which went bust five years ago. Also, Wells Fargo sells NPLs to Citigroup.

Activity in the jumbo MBS market is hopping.Shellpoint Partners is targeting mid-year for its first deal.

A declining inventory of problem home mortgages and REO played a key role in Bank of America slashing the workforce of LandSafe by roughly 10 percent.

Will the White House soon unveil its FHFA director candidate?

Fannie Mae is working on changes that may give some mortgage bankers relief on buybacks.