UWM CEO Mat Ishbia: “That’s why I’m the CEO. I feel pretty good about what we’re doing here"...

In a recent blog posting, the former Freddie chief used MBA profitability data to make his argument...

All of the top 10 GSE sellers saw their deliveries decline both sequentially and year to date.

Volume declined at all of the top 10 GSE sellers in April, both sequentially and year-to-date. Purchase mortgages outnumbered refinancings for the first time since September 2019. (Includes two data charts.)

The GSEs’ latest SEC filings reveal a combined capital shortfall of $359 billion at the end of the first quarter. But combined earnings were a healthy $8.21 billion for the quarter. (Includes data chart.)

The FOMC intends to cut its securities holdings by $523 billion by the end of the year.

Industry groups take sides in debate over FHFA’s treatment of nonbank servicers.

Fannie and Freddie addressed FHFA complaints by adding more rigorous and measurable goals to their plans to improve liquidity in underserved mortgage markets.

Freddie disclosed that prepayments on mortgages in 50,000 pools were sometimes not passed through to bondholders.

The GSEs’ regulator renews efforts to collect preferred language information from borrowers.