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JPMorgan Chase's $500 million settlement with pension funds over Bear Stearns' sale of mortgage-backed securities was approved by a federal judge.

Freddie Mac auctioned off 1,052 delinquent nonperforming loans serviced by Ocwen on May 21 as part of its Standard Pool Offerings.

Freddie Mac's monthly Multi-Indicator Market Index showed almost 80% of the top 100 housing markets in the country continued to improve in March from February.

Freddie Mac is in the market with its fourth risk-sharing transaction of the year.

In a sign that the GSEs may once again be trying to compete with each other, Freddie Mac will no longer charge lenders to use its Loan Prospector automated underwriting system.

Technology that takes into account the sales, cost and income approaches to property valuations is a more comprehensive method of risk assessment and can help detect pricing bubbles before they wreak havoc on the mortgage and real estate industries.

Royal Bank of Scotland Group, Britain's largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities.

Veros will offer a direct connection to the Federal Housing Administration's new Electronic Appraisal Delivery portal using the same interface it offers for submitting appraisals to Fannie Mae and Freddie Mac.

The Mortgage Collaborative has entered into an agreement with Fannie Mae that would make certain enhancements of its benefits available to its lenders.

Purchases of new homes in the U.S. rose more than projected in April, a sign this part of the market is picking up steam during the busiest selling period of the year.