Secondary

The Federal Home Loan Bank of New York posted an increase in fourth-quarter profit, citing higher levels of member prepayment.

Waterstone Mortgage Corp. has introduced a zero-down, 7/1 adjustable-rate mortgage with a 20-year amortization.

The cost of capital and regulatory compliance has convinced the top four banks that making home loans to American families is not worth the risk.

The Chicago, Des Moines and Cincinnati FHLBs have grown their life insurance company membership the most in recent years.

Investors continue to demand additional yield for exposure to defaults on loans insured by the Fannie Mae.

Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.

United Guaranty reported pretax operating income of $644 million for 2015 while its new insurance written increased by 21%.

Mortgage professional hiring and new job appointments for the week ending Feb. 12.

The Federal Housing Administration will continue to charge borrowers an annual premium over the entire life of the loan, rejecting calls from some housing advocates to change how it’s calculated.

Fannie Mae has released the list of winners from its fourth nonperforming loan sale, which included a Goldman Sachs subsidiary.