GSEs

Daniel Mudd ended a five-year fight with the U.S. government Monday after the former head of Fannie Mae agreed to pay $100,000 to settle allegations that he misled investors about the mortgage backer’s exposure to subprime loans during the run-up to the financial crisis.

Mortgage rates edged downward this week as the market anticipated Wednesday's release of the minutes from the Federal Open Market Committee's July meeting, Freddie Mac reported.

The hole at the corner of 15th and L streets, in downtown Washington, is deep – and getting deeper.

Fannie Mae is prepping servicers to handle the issues homeowners may face in the wake of severe flooding across Louisiana.

Fifth Third Bancorp, Ohio's largest lender, fired Chief Legal Officer Heather Russell last month after she disclosed a romantic relationship with the chief executive officer of Fannie Mae, Timothy Mayopoulos, The Wall Street Journal reported.

Mortgage lenders can expand their businesses by catering to borrowers who aren't proficient in English, but doing so requires strategic recruiting and hiring and compliance with federal and state regulations.

Mortgage rates were little changed from the previous week as they rose two basis points on better-than-expected economic news, according to Freddie Mac.

Fannie Mae has released the details of its next nonperforming loan sale, which will include its fifth "community impact" pool.

Farmer Mac posted lower net income than during the second quarter of 2015 on a loss on financial derivatives and hedging activities.

Freddie Mac has released a new online tool for lenders that determines whether a borrower's income qualifies them for a low down payment mortgage on a particular property.