Secondary

The congressman thinks there could be an opportunity to push covered bond legislation through now that a standoff over the debt ceiling has been resolved.

Joshua Banschick, a mortgage bond trader at JPMorgan Chase & Co., has returned to work nearly a year after the bank placed him on leave amid government probes into that market.

Rates on 30-year fixed-rate mortgages rose to the highest level since the end of July as a strong jobs report increased the likelihood that the Federal Reserve will boost borrowing costs for banks.

Four Federal Home Loan Banks have recruited 74 members to participate in their new Mortgage Partnership Finance jumbo loan program.

Cherry Hill Mortgage Investment Corp. posted a third-quarter loss due mainly to a hit on unrealized derivatives income.

Invitation Homes chose to exercise an option to extend the term of a loan backing the first single-family rental securitization.

NMI Holdings, the parent company of National MI, has obtained a $150 million loan to support the growth of its insured portfolio and to meet the secondary market capital standards requirement.

Loan originations for commercial and multifamily properties rose in the third quarter, the Mortgage Bankers Association reported, backing up the group's projection from last month.

Freddie Mac has launched an auction of $1.2 billion of nonperforming loans, while Fannie Mae has announced the two winners of its recent auction of $1.24 billion of nonperforming loans.

Banks have added so much capital in the past several years that they're better protected from declines in real estate values than they were before the financial crisis.