The IG's office of the Federal Housing Finance Agency is working with various U.S. Attorneys on reviews of lenders’ loan origination practices to determine their compliance with enterprise requirements.

Fannie Mae estimated that it incurred losses from short sales of the 10,310 non-owner occupied properties for 2012 totaling some $953.5 million.

The settlement offer – which does not cover claims on trusts issued by Washington Mutual – will remain open until Jan. 15, 2014, but may be extended.

The Center for American Progress called on FHFA to keep g-fees at current levels “until there is reliable evidence” to suggest that the government needs more revenue to cover the cost of the guaranty.

On Thursday morning, Fairholme chief Bruce Berkowitz said, "We’re talking to everyone about this plan,” then added: “We’d love to talk to Treasury.”

Cash-out refis are at all-time lows compared to the peak in 2006 when $84 billion in equity was withdrawn by consumers.

Are mortgage bankers so diabolical that they attempt to find a way around new regulations? Industry consultant Joe Garrett of Garrett, McAuley & Co. thinks so.

The changes via Desktop Underwriter include tougher debt calculations for adjustable-rate loans and a complete removal of interest-only loan options.

While the report doesn’t mention FHFA Acting Director Edward DeMarco by name, it's a clear repudiation of his stewardship of the agency.

In its successful civil suit against Bank of America, DOJ estimated that the two GSEs lost $850 million from thousands of loans acquired through Countrywide's “Hustle” program.