Secondary

Goldman Sachs Group Inc. agreed to pay $3.15 billion to repurchase residential mortgage-backed securities to resolve federal claims tied to the sale of the bonds to Fannie Mae and Freddie Mac.

Goldman Sachs is in the final stages of negotiating $1.1 billion settlement with the Federal Housing Finance Agency, according to a news report Friday.

Delta Lloyds' latest Dutch residential mortgage securitization has an innovative work-around to regulations that make it unattractive to use swaps to hedge interest rate mismatch.

Bank of America Corp. will pay $245 million to settle U.S. Securities and Exchange Commission allegations that it failed to disclose rising mortgage losses and the risks of bonds tied to home loans.

Universal American Mortgage Co., the mortgage banking subsidiary of Lennar Corp., one of the nation's largest homebuilders, has acquired certain assets of Colorado-based Pinnacle Mortgage Group.

The hot-button topic of what Fannie Mae and Freddie Mac should charge for loan guarantees is emerging as a key issue in reviving a private-label securitization market.

Second-quarter data show housing activity has lost momentum and may experience only minor improvements in the second half of the year, according to a Fannie Mae's Economic & Strategic Research Group.

There was a time years ago when second liens were the toughest legacy home loan asset to find a buyer for in the secondary market.

The Chicago Federal Home Loan Bank has received regulatory OK to start pilots for its jumbo and government loan conduits.

While Fannie Mae should have a smooth transition to a new system, Freddie Mac might find the path more treacherous.