Fannie’s contribution totals $215.0 million. Freddie will kick in $161.7 million...

It was clear at the Mortgage Bankers Association’s 2019 Tech Conference this week that the industry’s trend toward digitalization is in full swing.

The defendants include Bank of America, Credit Suisse, Goldman Sachs and many other dealers…

CEO for Freddie but What About Fannie? GSE Hearings Set; JPM’s Latest MBS Deal…

A panel of the 8th Circuit Court of Appeals, in a ruling earlier this month, said a reseller of mortgages can demand that an originator repurchase defective loans, even though the contract between the two companies did not specify a timeframe within which the originator had to cure any defects. The decision reversed a lower court’s ruling.

In a class action lawsuit filed last month in the U.S. District Court for the Southern District of New York, a group of institutional investors allege that several Fannie Mae- and Freddie Mac-approved dealers colluded in a systematic scheme to manipulate prices in the secondary market for agency debt.

When it comes to GSE reform, it's never too early to call 12 witnesses...

A roundup of the week's developing news.

President Trump earlier this week unleashed his fiscal year 2020 budget on Washington, chockful of implications for Fannie Mae, Freddie Mac, the Department of Housing and Urban Development and the Consumer Financial Protection Bureau.

The Securities Industry and Financial Markets Association last week voted “by a substantial majority” to approve the uniform MBS for delivery into the crucial to-be-announced market. The announcement followed months of uncertainty about whether the influential trade group would endorse the single security.