Secondary

New residential construction surged in April to the highest level in more than seven years, indicating the industry regained its footing after the soft patch at the beginning of the year.

U.S. Bank and Bank of America won't have to face lawsuits claiming they failed to safeguard the interests of investors as required by their contracts.

The Mortgage Bankers Association has formed three new partnerships in an effort to provide new benefits to members.

Politicians and regulators need to get with the times — for the sake of the housing market and its participants.

The regulatory relief package coming before the Senate Banking Committee Thursday would force the Federal Housing Finance Agency to withdraw the contentious proposal within 30 days.

As major banks have pulled back from originating Federal Housing Administration single-family loans, nonbank mortgage lenders have become bigger players in the Ginnie Mae program.

Confidence among homebuilders unexpectedly fell in May, reflecting cooling sales and slower buyer traffic, a sign the residential real estate market will take time to gain momentum.

RMBS 3.0 investors are turning their attention to service performance in new transactions, following years of difficulties in the mortgage servicing sector, according to Fitch Ratings.

Nomura Holdings Inc. and Royal Bank of Scotland Group should pay $806 million in damages to government-owned mortgage companies over misleading securities pitches, a federal housing agency told a judge.

The Federal Housing Finance Agency provided more details Friday about key features for the new single security that will be issued by Fannie Mae and Freddie Mac.