Secondary

Credit Suisse is taking advantage of the relative calm in credit markets Thursday to launch its second residential mortgage securitization of the year.

Walter Investment Management has received approval from Freddie Mac to hold the mortgage servicing rights on $3.3 billion in residential mortgage loans.

Interest rates on fixed- and adjustable-rate mortgages fell this week amid stock market volatility, according to Freddie Mac.

Fannie Mae has lowered its projections for single-family mortgage originations for the second half of the year, based on a variety of negative economic conditions.

Housing markets nationwide continued to improve, with more than half of states considered to be within a stable range, Freddie Mac reported in its latest Multi-Indicator Market Index.

Those who rent single-family properties could be more likely to buy than their multifamily counterparts, according to research from Freddie Mac.

Housing prices rose 1.2% in the second quarter, compared to the previous month, according to the Federal Housing Finance Agency. But online real estate site Zillow said home values declined in July.

Fannie Mae is revamping its affordable mortgage program to make it easier for low- and moderate-income families to qualify for low-down-payment loans.

Loans to first-time homeowners and others with low credit scores are a big part of the Federal Housing Administration's growth in purchase mortgages since the agency cut premiums.

CMBS primary issuance won't pick up again until September, according to Barclays.