The existing capital rule, finalized in November 2020, was roundly criticized by industry observers, who said it was overly conservative.

The PSPAs, as most GSE watchers know, define the nature of the government backstop for Fannie Mae and Freddie Mac.

Missing in action from the White House nominee list: Mike Calhoun...

With the CDC no longer able to offer eviction protection to those delinquent renters, speculation now turns to whether the federal agencies in charge of housing policy, including the Federal Housing Finance Agency, will institute a moratorium of their own.

And while repurchase activity still represents a small portion of Fannie and Freddie business, 2021 is shaping up as the biggest year for seller buybacks since 2014.

Earlier in the week, CoreLogic estimated a loss of between $27 billion and $40 billion because of damage to property, including insured and uninsured residences and commercial structures...

Thrift takes over at Congressional Affairs after 15 years as a House staffer, including almost six years in Rep. Blumenauer’s office.

Final bids on the MSR package are due Sept. 2...

Chase is marketing a $1.61 billion deal with prime jumbos and a $566.4 million security with investment-property loans, many of which were eligible for sale to the GSEs.

Fannie Mae said its mortgage servicers are authorized to offer payment forbearance for up to 90 days to those impacted by Hurricane Ida, even if they don’t hear from the homeowner — that is, if the servicer believes the homeowner was affected by the disaster.