Fannie and Freddie reported lower combined comprehensive income in the second quarter compared with a year ago. While net interest income and non-interest income declined, expenses shot up.

A decade of incremental reform has set the stage for Fannie Mae and Freddie Mac to exit conservatorship, according to Don Layton.

The successful launch of the single security — more than $9.5 trillion in UMBS has traded through the end of July — may pave the way for broader housing-finance reform, according to researchers at the Urban Institute.

“Patch” loans, cash-out refinances, investment loans and second family homes constitute more than 50% of the dollar volume of Fannie and Freddie MBS issuance.

Concerns of industry participants provoke edits and postponement of a new mortgage application form.

Freddie continues to price a wide variety of multifamily STACR products for CRT investors.

Former FLHB-Dallas executives have admitted to charging the bank $1.2 million for fraudulent travel expenses and unclaimed vacation time.

Who says the stock market isn't receptive to mortgage companies these days? Don't tell that to New Rez and Sachem. Meanwhile, the MSR bulk auction market is springing to life once again.

David Applegate is stepping down as CEO of Common Securitization Solutions, the platform that launched the uniform MBS.