Home prices have come untethered from rent, which could be a sign of “irrational exuberance,” according to economists from the Federal Reserve Bank of Dallas.

The reputation of being a safe, liquid asset adds about 47 basis points to the “convenience premium” of agency MBS over investment grade bonds, according to the National Bureau of Economic Research.

FHFA regulator Sandra Thompson: “We’re trying to figure out ways that we can be helpful.”

Still, many states have not rolled out effective HAF programs...

Although Fannie Mae and Freddie Mac are animals of the secondary market, the FHFA director said they have programs that can increase the amount of housing available.

In a refinancing scheme involving some 2,500 units, Seth Levine defrauded lenders and investors out of $60 million.

Thompson: “We’re charging the enterprises with making sure they look at all parts of the mortgage process"...

Kimberly Johnson joins long list of GSE execs headed to the (real) private sector.

Only 31% of residential lenders believe mortgage companies will accept cryptocurrencies over the next three years...

The government-sponsored enterprise priced a CAS REMIC deal that was delayed last month. It also executed two CIRT transactions on approximately $50 billion in mortgage loans.