GSEs

Loan originations for commercial and multifamily properties rose in the third quarter, the Mortgage Bankers Association reported, backing up the group's projection from last month.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

The Federal Agricultural Mortgage Corp. reported declining profits in the third quarter, citing unrealized fair value changes in leveraged assets.

Mixed views of the economy drove consumers' overall trust in the housing market down in October, according to Fannie Mae's Home Purchase Sentiment Index.

Fannie Mae was affected by the same derivatives accounting mismatch that led to Freddie Mac's first quarterly loss in four years. But its bulk and balance sheet provided enough cushion for the larger of the two government-sponsored enterprises to post a profit for the third quarter.

Interest rates on 30-year fixed-rate mortgages increased during the week ending Nov. 5, as the market gained greater confidence that the Federal Reserve will raise interest rates, according to Freddie Mac.

WASHINGTON — The House passed a massive $340 billion transportation bill on Thursday, striking two key provisions hated by the banking industry while adding several other measures that could affect financial institutions.

Fannie Mae will pay the U.S. Treasury Department $2.2 billion after reporting a net income of $2 billion for the third quarter.

Nationstar will provide servicing-released option for fledging Chicago's MPF Government MPF program.

New rules proposed by international banking regulators would severely reduce, and possibly eliminate, banks' profitability in trading bonds that finance everything from home loans and apartment mortgages to auto loans and student debt, according to JPMorgan Chase & Co.