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The mortgage life support provided by the federal government since the crash is ebbing. It will be interesting to see if the industry can breathe on its own now.

The normally even-keeled moderate Sen. Mark Warner warned fellow Democrats voting against a housing finance reform that when Fannie and Freddie need another taxpayer bailout, it will be their fault.

Democratic lawmakers on the Senate Banking Committee sounded off against bipartisan legislation to overhaul the mortgage finance system on Thursday, opposition that likely all but ruins the bill's chances of making it to the chamber floor this year.

As the market slows for post-downturn, private-label, residential mortgage-backed securities—known as RMBS 2.0—an industry group thinks it's time to start preparing for version 3.0.

The Senate Banking Committee passed major legislation to overhaul the housing finance system on Thursday.

The dim prospects for Congress doing anything to overhaul the system dominated by Fannie Mae and Freddie Mac leaves a host of big questions about what happens to the mortgage sector going forward.

Massachusetts Attorney General Martha Coakley reiterated calls Wednesday for the Federal Housing Finance Agency to allow Fannie Mae and Freddie Mac to offer principal reductions to distressed borrowers and to participate in nonprofit home buyback programs.

Mayor Bill de Blasio's 10-year plan to build and preserve affordable housing units is credit neutral for New York City, according to Moody's Investors Service.

The government-sponsored enterprises just went a long way toward encouraging lenders to make more loans to borrowers with lower credit scores.

In a wide-ranging speech on Tuesday, new FHFA Director Mel Watt said he would not weigh in on the housing finance reform debate percolating in Congress, while also detailing what changes he plans to make at the agency, including encouraging more access to credit.