RFI on pay at the enterprises gets scant attention.

The CDC's extended eviction moratorium survives another court ruling but trade groups vow to keep fighting.

In the mortgage industry, the FCA has been used by the Department of Justice and Department of Housing and Urban Development to punish FHA lenders for sloppy underwriting practices that led to defaults.

In particular, one clause could rankle mortgage industry participants: HUD also agreed to notify FHFA of any Fair Housing Act complaints related to counterparties of Fannie and Freddie.

JMP said it sounds like “these actions” by the GSEs “primarily targeted nonbank wholesale channel lenders, of which UWM [United Wholesale Mortgage] and HMPT are among the largest.”

Any reform to the executive compensation structure at Fannie Mae and Freddie Mac should be made with an eye toward the companies eventually exiting conservatorship, the trade group said in a comment letter to the FHFA.

In the past six years, repos backed by MBS nearly doubled to roughly $400 billion a day, a new Federal Reserve study found.

Mortgage trade groups quash FCA amendment in the bill but can’t prevent continuation of a 10-basis-point g-fee surcharge.

Increases in credit-related income, due to improving economic conditions, are offset by declining margins and fair value losses.

Fannie CEO Hugh Frater described the change to DU as “one important step in correcting the housing inequities of the past,” adding that it will create a more inclusive mortgage credit evaluation process.