Daily Dose

Karan Kaul and Laurie Goodman contend that with taxpayers on the hook when nonbank servicers fail, more regulation is needed in order to reduce risk to taxpayers and shift more of it on to the industry.

CEO Jay Bray said the company is entering 2016 "well-positioned from a strategic, operational and capital perspective.”

While a recent speech by FHFA Director Mel Watt has fueled speculation that Fannie Mae and Freddie Mac will be recapitalized and the conservatorship will end, Treasury said that no policy change is imminent.

Instead of thinking of the foreclosure decline as a contributing factor to the drop in existing-home sales inventory, however, it is more accurate to say that existing-home inventory levels in the years immediately following the crisis were boosted by unusually high foreclosure levels.

Lawmakers and activists that have been calling for Fannie Mae, Freddie Mac, and HUD to sell their non-performing mortgage loans to non-profits saw their wish come true on Thursday.

Federal and state regulators are still probing the bank even after Wells Fargo agreed to a $1.2 billion settlement earlier this month over underwriting practices on FHA-insured loans.

In the midst of tight supply, heightened competition for buyers, and unpredictable financial markets, U.S. home prices continued to rise in the fourth quarter.

After growing by more than $30 billion during the full year 2015, the portfolio begins the new year with expansion.

Last week, FHFA Director Mel Watt gave a speech at the Bipartisan Center in which he declared the GSEs' lack of capital to be their biggest risk, and that he expects that risk to escalate as the conservatorships continue. Will that risk spur the government to end the conservatorships after almost eight years?

FDIC Chairman Martin Gruenberg said despite the increase in profits, banks are still operating in a "challenging environment."