The Federal Housing Finance Agency is holding a two-day, closed-door working group Thursday and Friday with force-placed insurance stakeholders following the FHFA’s recent actions to shutter an insurance proposal by Fannie Mae and its policy proposal to develop a set of force-placed aligned standards.

The M&A rumor mill continues to spit out names. An offering book is circulating on CashCall and at least one other shop, IMF has learned.

Among the many allegations, the plaintiffs charge that the seizure of Fannie and Freddie was “unlawful and unwarranted” and represents an unconstitutional violation of due process which cost investors billions of dollars.

Community banks are getting slapped with a "low activity" fee from Freddie Mac and the ICBA is not happy.

Will cash-out refinancings ever return? Meanwhile, a new petition posted on the White House website that might helps GSE shareholders is taking off.

The Obama administration has mounted a public relations push, including a recent White House social media buzz, pushing for the HARP 3.0 program.

As of Wednesday morning, a GSE shareholder petition accessible through the White House website had 874 of the 100,000 signatures required by July 1.

Despite the vocal support of progressives, especially advocates of principal reduction of GSE-held loans, Rep. Watt’s nomination to head FHFA is far from a sure thing.

Even a fraction of the shadow inventory falling into foreclosure could considerably swell HUD and GSE ownership of REO properties.

The auction market for nonperforming mortgages is beginning to generate heat with prices rising nicely from last year.