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The Senate passed a bipartisan bill late Tuesday that would cap executive pay at Fannie Mae and Freddie Mac.

Colony Mortgage, a real estate investment trust that specializes in "transitional," or improving property, is preparing its third securitization, according to Moody's Investors Service.

California lawmakers passed legislation to change the way communities wind down their shuttered redevelopment agencies, leaving cities and their advocates trying to tally the effects of the last-minute bill.

Freddie Mac is making plans for its first risk-sharing transaction tied to actual losses on mortgages with higher loan-to-value ratios in the 80% to 95% range.

Sen. Elizabeth Warren is withdrawing her support for a Republican bill that had been on the fast track to bar the Treasury Department from selling Fannie Mae and Freddie Mac preferred shares, according to a person familiar with the matter.

Mission Capital Advisors in New York has merged its mortgage services business with Global Financial Review Inc. in Englewood, Colo.

In the wake of an unprecedented U.S. housing bust that evolved into a global financial crisis, the business of bundling home loans that aren't backed by the American government into bonds that can be sold to investors has all but disappeared.

The refinance mortgage market's unexpected resilience in 2015 has come as the result of a number of well-timed factors coalescing to create a welcomed surprise to lenders.

When the late-night television comedians joke about Fannie Mae and Freddie Mac — the two government-sponsored housing finance agencies that almost went belly-up during the housing crisis — you know they have reached the public consciousness.

A bulk Ginnie Mae servicing deal that an undisclosed seller will put up for bid soon is one of the largest transactions seen recently in the market.