Secondary

Consumer confidence in the housing market rebounded in April from an 18-month low the month prior, Fannie Mae reported Monday.

The Making Home Affordable program has been extended and expanded so many times that it's gotten hard to imagine life without it. But its two primary initiatives have served their purpose and the days may be numbered for HAMP and HARP.

Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.

MountainView Servicing Group said Friday that it is the exclusive advisor for the sale of a bulk mortgage servicing rights portfolio with Fannie Mae, Freddie Mac and Ginnie Mae loans.

Redwood Trust posted lower profits for the first quarter of 2016 as a result of falling interest income and the impact of lower interest rates.

American International Group's mortgage insurer, United Guaranty Corp., is seeking to raise about $700 million to $800 million as it sells shares to the public, according to people familiar with the matter.

Going forward, Fannie Mae will be relying more on loan guarantee fee income from its single-family and multifamily businesses.

Mortgage insurer Essent Group reported higher net income for the first quarter of 2016 as premium growth outpaced rising expenses.

Lending standards tightened once again in April, according to the Mortgage Bankers Association.

Mortgage rates are now hovering just above their low point for the year, according to Freddie Mac.