Secondary

Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.

New entrants in mortgage servicing are rethinking how business is done, creating more division between holders of mortgage servicing rights and the entities that actually manage loans.

The $500 million commercial mortgage that serves as collateral was underwritten by Deutsche Bank and Citigroup; it allowed the building's owner, Alexander's, to cash out $187 million of equity.

A loan securitization launched by Mill City has the largest concentration of seasoned negative-amortization loans seen in a residential mortgage-backed securities deal since the financial crisis.

Federal Reserve officials surprised some onlookers by unveiling a rough plan for balance sheet runoff in the minutes for their May meeting.

American International Group will receive $590 million in gross proceeds from the sale of Arch Capital Group stock it received in the United Guaranty Corp. transaction.

As long as Fannie Mae and Freddie Mac exist, they must have adequate capital so taxpayers will never again be compelled to help them meet their financial obligations.

JPMorgan Chase & Co. has agreed to provide Harry Macklowe with an $850 million loan to construct a luxury-condo tower at New York's One Wall Street.

Production expenses averaged $8,887 per loan for independent mortgage bankers in the first quarter as there were fewer originations to absorb the costs.

American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.