GSEs

A swell of refinance demand amid a low mortgage rate environment pushed lender profit margin outlooks to the highest level since the first quarter of 2015, according to Fannie Mae.

The regulator for Fannie Mae and Freddie Mac suggested that a finalized capital framework for the two mortgage giants could be published by the end of the year.

Federal appeals court judges in New Orleans on Friday appeared to back claims by investors that Treasury's "net worth sweep" is illegal.

While many lenders lately managed their business expecting reduced volume, now they get to capitalize on extremely low mortgage rates. But today's benevolent conditions will not always be with the industry.

Expectations of lower mortgage rates are the only thing keeping up consumer confidence in the housing market, according to Fannie Mae's Home Purchase Sentiment Index.

The Treasury secretary said he hopes lawmakers will back reforms of Fannie Mae and Freddie Mac within three to six months.

Fannie Mae and Freddie Mac investors won a victory in their long battle to reap benefits from their stakes in the mortgage giants with a court ruling letting them pursue claims that the U.S. sweep of the companies’ earnings is illegal.

The Trump administration raised the goal posts for ending the conservatorships of Fannie Mae and Freddie Mac, but how officials get there is still highly uncertain.

Nonbank mortgage companies added 4,600 employees to their payrolls in July and may add more to address continuing rate-driven increases in loan volume.

The Treasury Department made clear in a much-anticipated report that it prefers Congress take up reform of the government-sponsored enterprises, but it also recommended steps that federal agencies could take without legislation.

The Mortgage Industry Standards Maintenance Organization has released a dataset designed to prepare lenders for a new mortgage application and automated underwriting system upgrades at Fannie Mae and Freddie Mac.

Syracuse Securities Inc., a family-run lender and servicer in New York, is planning to wind down and transfer its outstanding pipeline to Premium Mortgage Corp.

With officials putting finishing touches on presidentially directed reports on the future of the housing finance system, the Senate Banking Committee announced a hearing to examine the issue.

New Home Mortgage Disclosure Act data shows debt-to-income ratios have risen but also have been frequently cited among reasons for denials, suggesting lenders are becoming more cautious about this underwriting metric.

A final rule on residential appraisals published this month could save depositories time and money in the short term, but potentially increase collateral risk.

The mortgage industry will be looking for answers when Treasury and HUD unveil reports on housing finance reform, but the Trump administration’s plans could also raise a whole new host of questions.

The Treasury’s takeover of Fannie Mae and Freddie Mac left legacy shareholders holding the bag.

Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees.

Trustees are concerned about obtaining proper consents from legacy residential mortgage-backed securities investors in a timely fashion in order to make the switch from Libor to another index, Fitch Ratings said.