Secondary

Low interest rates are keeping the housing market strong even as affordability keeps declining, according to Freddie Mac.

Royal Bank of Scotland Group agreed to pay $1.1 billion to settle the first of three major U.S. mortgage-backed securities probes the bank must overcome before it can resume dividend payments.

Fannie Mae has awarded its latest "community impact" pool of nonperforming loans to an affiliate of the nonprofit New Jersey Community Capital.

Banks are to blame for delaying resolutions of U.S. mortgage investigations by failing to cooperate, a top Justice Department official said.

Now that Fannie Mae requires trended data credit reports for its automated underwriting system, will other secondary market players follow suit? If so, how soon?

The New York City Housing Development Corp. board approved the appointment of Eric Enderlin as president.

Freddie Mac plans to say it will start a pilot program to increase the amount of risk it shares with private mortgage insurers.

Arch Capital Group has planned a secondary public offering to raise some of the cash for its $3.4 billion acquisition of United Guaranty Corp. from American International Group.

Fannie Mae employees will be working this weekend to update the agency's automated underwriting machine to process trended data for the first time.

Fannie Mae and Freddie Mac want to make it easier for owners of older apartment buildings to make energy efficient upgrades.