Secondary

Real estate investment trust United Development Funding IV is facing a Dec. 10 showdown with NexPoint and the $181 million deal could be a lifeline for management.

The economist, who runs Roubini Macro Associates, is positioning for a curve steepener, a popular Treasuries trade where the gap between long- and short-dated yields widens.

Expanded data shows home prices rose over 5% annually at the end of the third quarter, prompting the FHFA to boost mortgage loan limits accordingly.

The Wall Street behemoth joins investors such as Peter Thiel in backing Pylon, which helps originate mortgages through automation and provides interim financing to its customers until the loans reach the capital markets.

The three credit repositories are just as responsible as FICO for the third price increase in three years, the group representing credit report resellers argues.

Those who don't retain MSRs or have a buyer agreement accommodating a recapture strategy will face challenges, one panelist warned at an industry meeting.

Government securitization guarantor Ginnie Mae got the terms for the popular HMBS 2.0 program across the finish line ahead of a major change in federal leadership.

Broader parameters for home equity lines of credit are emerging with some safeguards as many low-rate first-lien borrowers keep fueling demand.

Freddie Mac is offering a municipal bond option for investors in its ML multifamily securitization offerings starting with its December issuance.

The Great Financial Crisis changed not only how Luxury Mortgage operated, but what its name stands for, shifting from the high-end of the market, founder David Adamo said.