Secondary

Treasury sweep agreement set to deplete Fannie and Freddie's capital reserves by the end of 2017.

Deutsche Bank and Credit Suisse Group agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that undermined confidence in the banks and raised questions about their turnarounds.

Barclays was sued by the U.S. Justice Department for allegedly deceiving investors who bought mortgage-backed securities, according to court papers filed in federal court in Brooklyn.

For years, Donald Trump has used a powerful tool when dealing with bankers: his personal guarantee.

Mortgage rates continued their climb, with the 30-year reaching its highest level since April 2014, after the Federal Reserve increased its benchmark lending rate.

The case against Fannie Mae and Freddie Mac is stronger than the argument for their survival.

Andrew Jetter is stepping down as the chief executive of Federal Home Loan Bank of Topeka after serving as the president and the chief executive for 14 years.

Ginnie Mae, at the urging of the mortgage industry, has revised the wording of the acknowledgment agreements necessary to finance servicing rights. It hopes the move improves Ginnie MSRs' liquidity.

So now what? New York Community Bancorp and Astoria Financial have been mum about why they nixed their merger agreement, or where they go next, but the companies have a surprising number of options in the current climate.

Smaller companies that perform servicing are rapidly growing their loan portfolios — and not just in the default servicing space.