Finance

The country's largest trade group is challenging possible plans by the Federal Housing Finance Agency to arbitrarily lower the conforming loan limit in an attempt to bring private capital back to the mortgage market.

The governor of Maine has lifted a two-year moratorium on the sale of mortgage revenue bonds.

The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs to see more signs of lasting improvement in the economy.

Pacific Trust Bank has completed its first series of transactions as an approved issuer of Ginnie Mae mortgage-backed securities.

Hilton Worldwide’s mega-commercial mortgage-backed securitization weighs in at $3.5 billion, making it the largest CMBS since the credit crisis.

NorthStar Healthcare Income has purchased the portion of an $11.25 million loan secured by a senior health care facility located in California.

For the first time ever, the GSEs are creating formal programs to flag defective loans and assess risks in lenders' mortgage processes.

MountainView Servicing Group is marketing two mortgage servicing rights portfolios from unrelated, unidentified sellers, with a combined total unpaid principal balance of about $2.1 billion.

Lowe’s has donated $2 million to Rebuilding Together in order to help the organization complete critical home repairs for low-income families nationwide.

Wells Fargo and RBS priced the $930.8 million commercial mortgage-backed security known as WFRBS 2013-C16.

An order from the U.S. District Court for the Northern District of California filed Monday formally dismissed the suit in line with comments made by the adjudicating judge at a hearing late last week.

We're hearing that a rising tide of new construction doesn’t have lenders worrying about a bubble in apartment building values...yet.

Kroll Bond Rating Agency has assigned preliminary ratings to COMM 2013-LC13, a $1.1 billion commercial mortgage-backed securities conduit transaction collateralized by 57 fixed-rate loans secured by 97 properties.

Interactive Mortgage Advisors is offering a $102.9 million Fannie Mae bulk residential mortgage servicing rights portfolio for sale.

The Chicago Federal Home Loan Bank seems to be continually looking for ways to expand its mortgage conduit program so member banks, thrifts and credit unions will have broader access to the secondary market.

Fannie Mae and Freddie Mac are set to auction as much as $17 billion of mortgage bonds they acquired before the real estate collapse to meet a regulatory directive.

Presale reports are out on a $425 million sequential-pay commercial mortgage-backed securities deal backed by beneficial interests in a mortgage securing four Florida hotels.

The crisis “exposed a major fault-line” in terms of loan data integrity the two technology providers are coming together to try to bridge.

Fannie Mae has promoted Terence Edwards, the former president and CEO of PHH Corp., to executive vice president and chief operating officer.

Has it been five years already? It has been five years since the federal government nationalized the mortgage industry by taking over Fannie Mae and Freddie Mac.