Mike Calhoun touts turning the GSEs into public utilities and using the government’s stake in them to address the homeownership gap.

Issuance has started with a bang in 2022 as commercial MBS performance in 2021 continued to beat market expectations.

The federal appeals court has dismissed all claims in Fairholme Funds and seven other shareholder lawsuits against the U.S. government.

In a statement of interest, the Department of Justice said the court should hold that the Fair Housing Act applies to discriminatory appraisal practices.

The new language recognizes the different risk profiles of GSE and Ginnie Mae servicing rights...

The judges rejected shareholder appeals based on both direct and derivative claims.

The GSEs combined netted $7.93 billion in fourth-quarter profits on $13.21 billion in net revenue while shrinking their retained mortgage portfolios by $4.45 billion. (Includes data chart.)

An improving economy made it possible for the mortgage giant to generate $5.10 billion in credit-related gains in 2021.

The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...

An indirect victim of political bickering: FHA nominee Sandra Thompson...