Secondary

Amid an ongoing shift in pricing strategies in the private mortgage insurance market, Essent Group chairman and CEO Mark Casale is trying to show investors that aggressive pricing tactics aren't the only way PMI firms compete.

Redwood Trust's fourth residential mortgage securitization of the year is backed entirely by 15-year, fixed-rate loans.

Shares of real estate investment trusts fell the most since August after an upbeat reading on U.S. jobs increased the odds the Federal Reserve will raise interest rates this year.

Jumbo loan securitizer Redwood Trust Inc. posted a sharp decline in profits in the third quarter driven by negative noninterest income.

Former Rabobank trader Anthony Allen, found guilty for rigging a key financial benchmark, struck jurors in Manhattan as evasive, deceptive and "shaky," as one of them put it after delivering the verdict.

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.

Ocwen Financial is back with another round of term notes issued from its Ocwen Master Advance Receivables Trust.

Citigroup plans to issue another $421 million of reperforming residential mortgage bonds from its Citigroup Mortgage Loan Trust, according to DBRS.