Secondary

Homeowners continue to give their properties a higher valuation than appraisers would, according to Quicken Loans.

California priced $446 million in veterans' general obligation bonds last week in a combined refunding/new money sale.

The commercial mortgage-backed securities delinquency rate fell from August to September, according to Fitch Ratings.

"How's TRID going with you?" is sure to be the most-asked question at the Mortgage Bankers Association's Annual Convention, but fair lending compliance and the Qualified Residential Mortgage rule are among the key market developments that will dominate conversations.

Fannie Mae and Freddie Mac announced this week a revised selling representation and warranty framework at the direction of their regulator, the Federal Housing Finance Agency.

Fannie Mae is selling $1.2 billion worth of nonperforming loans, in an attempt to give borrowers other options besides foreclosure.

The inclusion of a loan secured by Chicago's Prudential Plaza in a recent CMBS is causing a stir.

Colony American Finance is preparing its first securitization of loans to single-family landlords, according to Kroll Bond Rating Agency.

A weak jobs report was enough to send mortgage rates into a downward spiral, according to Freddie Mac's Primary Mortgage Market Survey for the week ending Oct. 8.

By using data from both post-closing and prefunding quality control reviews, lenders can craft a more proactive prefunding QC strategy that takes into account high-risk areas that are specific to their businesses.