Industry observers don’t expect the move to prompt major declines in interest rates this year.

Fannie Mae has reportedly fired 10 senior executives, including senior vice presidents Mark Palim and Devang Doshi.

New PMIERs guidelines help determine required asset levels for MIs, but industry officials say they already have more than required.

Fannie Mae and Freddie Mac issued a combined $59.84 billion of MBS in July.

Freddie offered a series of updates on its new default reporting protocol in a recent bulletin to servicers.

Pulte-led Federal Housing Finance Agency presides over further reductions in the senior staff at Fannie Mae, terminating as many as a dozen executives last week.

Industry groups — including the Community Associations Institute, the Community Home Lenders of America and the National Association of Realtors — made their displeasure about the change to condo loan applications known in a recent joint letter to Federal Housing Finance Agency Director Bill Pulte.

Seven of the top 10 GSE sellers saw a monthly decline in deliveries to Fannie Mae and Freddie Mac in July. (Includes two data tables.)

FHFA’s plan to remove the term reputational harm from the suspended counterparty program regulation appears to have near universal support from mortgage industry stakeholders.

Industry stakeholders welcomed the idea of reducing the regulatory burden faced by the FHLBanks, but they also want insurance that the system will continue to serve their interests.