Secondary

Recent double-pledging scandals in auto lending and the U.K. put U.S. mortgage lenders on alert. Here's what to watch and how MERS, e-notes and electronic vaults can help.

Full documentation was completed on just 17.9% of the pool, Fitch said, while bank statements and debt service coverage ratio (DSCR) account for 17.6% and 28.0%, respectively.

Stock prices jumped notably following the billionaire and legacy GSE investor's comment indicating Fannie and Freddie have been "stupidly cheap."

The government MBS guarantor ended a 15-day advance notice mandate for extensions on a filing deadline so those with a March 31 due date can still ask for one.

A federal appeals court ruled mortgages in REMIC trusts may qualify as ERISA plan assets, reviving fiduciary duty claims against Onity in a case brought by a union pension fund.

Fannie Mae and Freddie Mac's portfolios were collectively $10 billion larger than in January, spurred in part by their mortgage-backed securities directive.

Lowering minimum standards and using a 2018 proposal as a basis for change may be the quickest path, according to Donald Layton, Freddie Mac's CEO from 2012 to 2019.

Americans who qualify for a mortgage with Better will be able to use Bitcoin or USDC as collateral to fund their down payment through a private loan.

Full documentation was only applied to 2.6% of the underlying pool of mortgages. Debt-to-income, however, was 23.3% when it was applied.

New questions about Fannie Mae and Freddie Mac's guarantee by experts who saw conservatorship start points to tensions in a stalled secondary offering.