Former Freddie CEO Don Layton took issue with the plan’s basic premise that if the footprint of the GSEs shrinks, private capital will move in to take up the slack...

Although origination volumes appear to be strong these days, some mortgage executives are already worrying about what might happen next year...

The FHFA announcement comes as financial institutions and regulators struggle to identify a suitable replacement index for LIBOR. 

The hike in the retained earnings threshold was widely anticipated and the news hardly budged the share price of Fannie/Freddie common.

Neither Simone Grimes nor FHFA released the details of the settlement. Mel Watt, whose term as director ended in January, has not commented.