Secondary markets

But those in opposition are still giving the agency props for how it carried out the new product approval process for the first time.

Home price appreciation and favorable economic factors have led to consistent loan performance, but prepayments are increasing with an uptick in housing turnover, according to Morningstar DBRS.

The move allows Freddie Mac to start purchasing certain second lien mortgages, but establishes limits on how much volume it can do.

The increase in total home sales will be slower than prior projections and that should lead to less growth in purchase originations, Fannie Mae's June forecast said.

Average loan-to-value ratios fell in NPL sold at both influential government-related mortgage investors, according to a Federal Housing Finance Agency report.

The Federal Housing Administration floated a mortgagee letter that increases a funding entity's responsibility for the actions of correspondents or brokers.

Through the proposal, the risk function at Ginnie Mae is telling issuers to change their business model or exit the industry, writes the Chairman of Whalen Global Advisors.

The HUD agency contends that the bank's agreements involving certain reverse-mortgage assets call for the closely watched case to be filed there.

In order to release Fannie Mae and Freddie Mac from conservatorship, legislation must be passed to guarantee safety and soundness, the Federal Housing Finance Agency's annual report to Congress said.

Lown's resignation creates a second vacancy in the government-sponsored enterprises c-suite, as it is also looking for a new CEO.