Secondary

American International Group's mortgage insurance business has secured indemnity reinsurance coverage for a portfolio of policies from 2008 and earlier.

Credit access and homeownership for low- to moderate-income families are under siege by the DOJ's overuse of the False Claims Act, as lenders worried about punitive damages discontinue Federal Housing Administration loan programs.

First Guaranty Mortgage Corp. in Tysons Corner, Va., has purchased consumer-direct lender goodmortgage.com.

After the Home Affordable Modification Program ends, servicers will employ myriad proprietary workout options to meet ongoing compliance requirements. But will more discretion in loss mitigation practices create consumer and investor confusion?

Property valuations for specially serviced U.S. commercial mortgage-backed securities have dipped, according to Fitch Ratings.

The Consumer Mortgage Coalition is arguing that the bill has serious flaws by allowing private insurers to undercut pricing on federal flood insurance policies by offering high deductibles and exclusions to homeowners with mortgages guaranteed by the government-sponsored enterprises.

Consumer confidence in the housing market rebounded in April from an 18-month low the month prior, Fannie Mae reported Monday.

The Making Home Affordable program has been extended and expanded so many times that it's gotten hard to imagine life without it. But its two primary initiatives have served their purpose and the days may be numbered for HAMP and HARP.

Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.

MountainView Servicing Group said Friday that it is the exclusive advisor for the sale of a bulk mortgage servicing rights portfolio with Fannie Mae, Freddie Mac and Ginnie Mae loans.