Secondary

After a six-year delay, Fannie Mae and Freddie Mac will finally begin setting aside a portion of their revenues to fund the development of rental housing for low-income families.

Mortgage rates edged up slightly over the past week, Freddie Mac said in its weekly market survey.

Radian Group Inc. is seeking to sell bond insurer Radian Asset and Assured Guaranty or MBIA may turn out to be the buyer.

Fannie Mae, risk sharing, private capital, reinsurers.

State housing finance authorities will deleverage their bond programs, build equity and improve financial ratios, according to Fitch Ratings.

Funding for housing counseling represents a minuscule fraction of total spending on housing-related initiatives. Still, some question whether taxpayers are getting the best bang for their buck.

Mortgage credit availability increased last month, according to the Mortgage Bankers Association.

National MI, a private mortgage insurance company in Emeryville, Calif., has named Jay Sherwood as president.

Consumers were more optimistic about their ability to buy a home in November compared to the previous month, according to Fannie Mae.