Even though the Johnson-Crapo bill has no future outside of the Senate, one thing is certain regarding Fannie and Freddie: the two will continue to earn a ton of money going forward.

Stop the presses! The Johnson-Crapo bill is almost ready! Really! Of course, it's going nowhere in the House.

The new regulations seek to streamline the reporting process and provide more timely access to data about potential fraud.

GOP senators recently dispatched a letter to FHFA Director Mel Watt, countering a plea signed by 33 Democrats in January calling on the agency director to immediately authorize GSE funding to the National Housing Trust Fund and the Capital Magnet Fund.

Commenting on Fairholme's court victory, one GSE observer quipped: “Game on.”

In a heavily redacted draft memo released to the public, the Inspector General of FHFA found that while the agency had reviewed and examined the GSEs’ executive compensation, it did not keep close tabs on "non-executive senior professional compensation practices."

Does nonbank servicing giant Ocwen Financial have a target on its back?

Public mention of the Treasury memo was first made earlier this month by former Solicitor General Ted Olson at a GSE shareholders rights advocacy forum in Washington.

One of the goals of the “servicing alignment initiative” is to limit losses at the GSEs.

Since Mel Watt was sworn into a five-year term as Federal Housing Finance Agency director on January 6, the former North Carolina Congressman has made no public appearances or policy statements except for canned comments attributed to him in routine FHFA press releases.