The DTA hit Fannie took and the resulting net loss was fully expected and likely won’t cause an uproar on Capitol Hill. However, one lobbyist quipped: "Ah, the first taxpayer bailout of a large financial institution since the Great Recession."

Under this arrangement, the FHLBanks would be “jointly and severally liable” for the obligations of any single-family guarantor formed under the new system…

Housing finance reform legislation is being worked on in the House and Senate but has yet to be formally introduced.

As National Association of Realtors Vice President Joe Ventrone put it: “It’s an unintended consequence of the tax bill rather than falling into the bailout narrative.”

Look for New Residential to become a buyer of Ginnie Mae servicing packages...

The Treasury Department's goal is to right-size federal housing programs...

The Center for Responsible Lending and other groups said the Corker draft threatens access, affordability and market stability…

Freddie Mac's Treasury draw is estimated at $400 million...

January volume was the lowest monthly total since May 2017…

The names of Fannie Mae executives potentially involved in conflicts of interest were redacted from the report.