FHFA’s OIG found some inconsistencies in how FHFA reviews the GSEs’ compliance with flood insurance requirements.

A nonprofit has called on the Federal Home Loan Banks to launch a program for mortgages with terms of 40 years, arguing the products will help to address affordability issues.

House committee hearing on FHFA’s “vanishing independence” to be held next week; FHLBank of Pittsburgh moving headquarters.

At the end of June 2024, the GSEs accounted for 47.6% of servicing outstanding.

It will be the 10th warehouse securitization from loanDepot.

It’s the 14th expanded-credit MBS from Annaly this year, amounting to $7.57 billion in volume.

A bill to ban trigger lead activities was included in a defense appropriations package in the Senate.

In the short term, there could be some volatility in the agency MBS market as investors adjust to the Fed’s moves. Longer term, volatility is expected to recede, helping investors in agency MBS.

SFA restarted its RMBS Symposium event this week, with an agenda driven by issues under consideration at committees and task forces within the association.

Initial details on the planned re-proposal suggest that banks will benefit from the mortgage concessions by federal regulators.