GSEs

Marketplace lender Lending Club has added Fannie Mae Chief Executive and President Timothy Mayopoulos to its board of directors.

Deval LLC in Dallas has received Fannie Mae servicer approval.

Fannie Mae and Freddie Mac could need as much as $126 billion in bailout money from taxpayers in a severe economic downturn, according to stress test results released by their regulator.

Fannie Mae reported that the Home Purchase Sentiment Index rose 3.3 points in July to 86.5, an all-time survey high.

The former officers and directors for Midwest Bank & Trust have reached a $26.5 million settlement with the Federal Deposit Insurance Corp. over charges of negligence during the financial crisis.

Community development entities like New Jersey Community Capital and Hogar Hispano are being guaranteed a portion of the secondary market for distressed mortgages. They are doing a good job of forestalling foreclosures, but skeptics question whether that run will last.

The U.S. asked a federal appeals court to reconsider its May decision to toss out an almost $1.3 billion judgment against Bank of America's Countrywide Financial unit, claiming the panel overlooked "a wealth of evidence."

Returning Fannie Mae and Freddie Mac to their status as privately owned public utilities is consistent with their mandate and makes the most policy sense.

Incenter Mortgage Advisors is brokering the sale of an $8.9 billion Ginnie Mae bulk residential mortgage servicing rights portfolio.

Fannie Mae earned $2.9 billion in the second quarter, a step up from its first-quarter earnings, but Chief Executive Timothy Mayopoulos reiterated warnings about future volatility.