Secondary

Groundbreaking for single-family homes climbed in October and permits for all future projects reached a six-year high to signal construction will add to economic growth in early 2015.

The Federal Housing Administration's mortgage insurance fund is finally in the black, but not strong enough that the agency is likely to lower premiums anytime soon.

The Federal Reserve Bank of New York has selected Mischler Financial Group, Brean Capital and Loop Capital Markets to participate in its mortgage-backed securities pilot program.

Confidence among homebuilders rebounded in November as low interest rates and a strengthening job market helped boost sales.

The company is a new player in the market linked to Cerberus, an investor in pre-downturn jumbo securities market participants.

A secondary market system "dominated by Fannie and Freddie in conservatorship is simply not desirable," Castro says.

Because the FHFA drew down vast amounts of taxpayer funds to "pay" for accounting provisions that would later be reversed, the GSEs remained saddled with in senior preferred stock that paid a dividend rate of 10%, until that rate was revised upward.

The underlying loan is fixed-rate and amortizes on a monthly basis over a term of 10 years, the longest loan tenure to date that has backed a single-family rental securitization.

A report due next week on the Federal Housing Administration's financial health is expected to show that the agency's reserve fund has significantly improved over the past year.

Mel Watt, director of the Federal Housing Finance Agency, has set off a political tempest.