Loose IT security controls could have made it possible for a malicious employee, or an external party with access to that employee's account, to gain full control of the FHFA network.

It's hard to pin down the "magical" number for interest rates that will unlock the housing market, according to the CEO of The Home Depot.

Ginnie MBS issuance increased by 8.3% on a monthly basis in July while GSE volume declined somewhat.

Holdings of both mortgage-backed securities and mortgages rose in the quarter, with MBS totals up 5.9% and mortgages up 4.1%.

Earnings at the mortgage giant stand at a three-quarter plateau, with year-to-date profits almost unchanged from 2023.

While Fannie economists see two rate cuts this year in their crystal ball, economists at Freddie suggest that there might only be one.

Two entities at JPMorgan Chase started marketing separate prime non-agency mortgage-backed securities Monday.

Fannie economists now only expect one rate cut by the Fed this year, possibly in December.

Freddie saw the bigger monthly increase in MBS output, up 9.4% from April. Business was up 6.3% at Fannie.

"Current sentiment reflects pent-up frustration with the overall lack of purchase affordability," said Doug Duncan, a senior vice president and chief economist at Fannie Mae.