Watt said GSE pay should be brought more in line with comparable private sector jobs, but no higher than what CEOs in the 25th percentile of the market make, which is roughly $7.26 million a year.

Stevens also said that while he was FHA commissioner he chose not to go after lenders for violating the False Claims Act because he said such actions would have opened a “Pandora’s Box.”

The FHLBs and Office of Finance must now be more specific and include descriptions of their outreach activities in regard to minorities and women.

Fidelity, a market leader in title insurance, has a market capitalization rate of $10.6 billion and is headed by William Foley, age 70, who has a history of spinning off companies.

Like Freddie Mac, Fannie cautioned that future earnings will be lower because of the company’s mandate to shrink.

Freddie Mac securitized just $12 million of purchase mortgages with loan-to-value ratios of 96 percent or 97 percent during the first quarter.

But not to worry: the FHFA said the projections were mandated under the Dodd-Frank Act, cautioning that its estimate is just that, and not an expected outcome….

This is Freddie Mac’s fourth NPL auction of 2015. As for Fannie Mae...

Another post-crisis trend is that the volume of Fannie’s multifamily financing had shrunk more than Freddie’s...

Could another former subprime mortgage executive be reentering the game?