GSEs

Fannie Mae has priced a $1.15 billion credit-risk sharing transaction through its Connecticut Avenue Securities series.

Fannie Mae is selling four large pools of nonperforming loans which have a total balance of $1.5 billion.

Radian Guaranty's new reinsurance agreement will only cover single-premium mortgage insurance policies, a first for the company. These policies have higher capital requirements under the new secondary market standards.

Hint: businesses should be focused on data strategy and security, from the individual up to the enterprise level.

Congress should consider giving direct authority over nonbank mortgage servicers to the Federal Housing Finance Agency, according to a report released Monday by the Government Accountability Office. The report said there should be "parity" among financial regulators in the oversight of regulated entities and third parties they do business with.

New lender disclosure requirements aren't just disrupting the market for private-label mortgage bonds; they could also impact the market for bonds that transfer credit risk of mortgages insured by Fannie Mae and Freddie Mac to the private sector.

Fannie Mae and Freddie Mac's experiments with selling credit risk to investors are a critical element of new plan to merge the two entities and move them out of conservatorship, but what form so-called credit risk transfers take could make a big difference.

The total number of loan programs being marketed declined in March, as fewer conventional offerings offset a loosening of standards on government products, according to the Mortgage Bankers Association.

The housing market has been improving but mortgage credit remains "stubbornly" tight on loans bought by the government-sponsored enterprises, according to a chief housing adviser at the White House.

Consumers are feeling a growing pessimism about the direction of the economy that appears to be spilling over into the housing market in March, Fannie Mae said.