Fannie Mae and Freddie Mac are continuing to shrink their retained portfolios as mandated by their regulator.

Income tied to residential servicing was down 27.7 percent for the 10 lenders as a group.

Although 2013 will turn out to be a decent year in terms of residential production, next year could be quite ugly.

Ginnie Mae President Ted Tozer said the agency wants to phase out the Ginnie I MBS program.

The first GSE risk sharing transaction is likely to be a senior-subordinate structure and be issued as a credit-linked note.

Total primary mortgage insurance coverage provided by private MIs fell 6.5 percent to $50.44 billion in the first quarter, a figure that includes HARP loans.

Will Fannie Mae and Freddie Mac be "even" with the U.S. Treasury by yearend? Also: PennyMac Financial Services goes public.

The GSE "common securitization platform" is under construction and already potential add-ons are being discussed, including a loan acquisition module.

The game is on: MBA wants a single GSE security and will lobby aggressively on the issue.

Fannie Mae and Freddie Mac securitized a total of $27 billion of mortgages with LTV ratios north of 105 percent, most of which did not have insurance.