Finance

The Morgan Stanley settlement follows a similar agreement with Barclays Capital in October that resulted in a recovery of $325 million.

Moody's said it has acquired BlackBox Logic, a Denver-based residential mortgage-backed securities data technology company, for an undisclosed amount of cash.

Mortgage lenders said their per-loan profits declined 19% in the third quarter compared with the previous quarter, according to the Mortgage Bankers Association.

Freddie Mac has sold about $1.1 billion of seriously delinquent loans serviced by Wells Fargo.

A former Jefferies & Co. managing director accused of lying to customers about bond prices had his fraud conviction overturned in the latest blow to the government’s effort to hold individuals accountable for alleged wrongdoing on Wall Street.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.

Seven years after the housing bubble collapsed, Wall Street's appetite for riskier mortgages is returning.

Fannie Mae just took out a potential chunk of private label CMBS supply. The government-sponsored enterprise said it's helping fund Blackstone's purchase of Stuyvesant Town.

More consumers expressed worries about the housing market, as prospects for higher income remained suppressed, Fannie Mae said.

When news broke in October that New York's Stuyvesant Town was being sold, observers expected the $3 billion loan on the property to be paid off without a glitch.

JPMorgan is sounding the alarm about bank capital rules on the horizon that could nearly wipe out secondary trading in most kinds of asset-backed securities.

Private real estate investors and community-based financial institutions have developed innovative ways to preserve affordable-housing units that were in danger of losing subsidies, according to a new report.

The sweeping, five-year highway bill may include some key concessions for small financial institutions, but the deal has left many in financial services frustrated. Here's why.

Mountain America Credit Union has partnered with Pavaso to implement a new digital collaborative closing process to provide a better experience to members applying for mortgages called QuickClose.

The commercial mortgage-backed securities delinquency rate improved by double-digit basis points in November, fulfilling Trepp's forecast for a large monthly improvement.

Anticipation of rising interest rates has stirred more talk among mortgage lenders about the need to originate loans to borrowers with low credit scores.

Broadway Financial Corp. in Los Angeles has been released from an enforcement action requiring it to improve its corporate governance.

Freddie Mac's Multi-Indicator Market Index is pursuing its slow climb, but still shows housing recovering unevenly across the nation.

A plan by the government-sponsored enterprises to begin collecting the new Closing Disclosure data is designed to promote Fannie Mae and Freddie Mac's loan quality goals. But the initiative may also prompt broader use of e-signatures and paperless processing.

Commercial-mortgaged-backed, auto-loan and other securitizations use what is known as the swaps curve to price floating-rate deals. But pricing volatility is causing some to ask whether the market should go back to Treasuries after a 15-year hiatus.