Secondary

KeyCorp is hiring Royal Bank of Canada's head of mortgage-bond trading, Joe Vaccaro, and structured products salesman Mike Corsi as the regional lender expands its bond business, according to three people with knowledge of the matter.

Fannie Mae said that those affected by floods across the Midwest may have access to mortgage assistance.

The demand for affordable rental properties has long outstripped the supply, with the gap widening as incomes have stagnated, homeownership rates have fallen and rents have soared in recent years. But now, banks are finding a profitable path to helping ease this severe national shortage.

Two Harbors is marketing its first residential mortgage securitization of the year, according to Fitch Ratings.

As the mortgage industry begins the New Year, National Mortgage News takes a look at the biggest trends and topics that will shape 2016.

The Sarbanes-Oxley Act of 2002 is important, but it barely scratches the surface of former House Financial Services Committee Chairman Michael Oxley's impact on banking.

John Angelo, who co-founded Angelo, Gordon & Co. and presided 27 years over the New York investment firm's growth to $26 billion in assets under management, has died. He was 74.

The delinquency rate on commercial mortgage-backed securities rose slightly in December, according to Trepp.

The plunge in oil prices may jeopardize almost $125 million of securitized loans backed by real estate in North Dakota, as drillers in the state scale back operations, Morningstar Credit Ratings said.

Freddie Mac's Multi-Indicator Market Index in October signaled ever-stabilizing circumstances across a growing number of regions.