Secondary

Goldman Sachs Group Inc. increased its estimate for reasonably possible legal costs in excess of reserves by 55% to $5.9 billion.

Goldman Sachs Group Inc. has agreed to pay around $270 million to settle a lawsuit by investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities.

The Department of Housing and Urban Development found recently that a Federal Housing Administration down payment assistance program translated to higher mortgage rates for borrowers.

There was a six-basis-point decline in the 30-year fixed-rate mortgage during the week ending July 30, Freddie Mac said in its latest weekly report.

The House Financial Services Committee approved a bill that would delay the Consumer Financial Protection Bureau's enforcement of the new TILA-RESPA integrated disclosure rules. It also approved two additional bills addressing the qualified mortgage rule and GSE executive compensation.

EverBank Financial, driven by growth in jumbo mortgage originations, had second quarter home loan volume of $2.7 billion, up from $2.2 billion one year prior.

The Federal Housing Finance Agency is still not producing enough adequately-trained examiners necessary to monitor Fannie Mae and Freddie Mac, according to an inspector general report.

A survey from Fannie Mae found that lenders use credit overlays in a limited manner, with some variations based on channel.

The price of loans that underlie commercial mortgage-backed securities fell from May to June, according to DebtX.

The government-sponsored enterprises are buying conforming mortgages with as little as 3% down, but the new policy can't improve the housing market by itself.