Secondary

More powerful employment and wage gains are necessary to fuel home purchases, according to mortgage industry economists.

Colony American Homes is working on its third-ever single-family rental securitization, according to Kroll Bond Ratings Agency.

JPMorgan is marketing $379 million of securities backed by a pool of mostly 30-year, fixed-rate residential mortgages.

Fannie and Freddie's profits depend on having their obligations backed by the U.S. Treasury. Therefore they should have to pay a sensible price for this backstop — just like big banks.

Fannie Mae has a pessimistic outlook on U.S. economic growth following underwhelming first-quarter numbers in 2015, though mortgage market optimism remains thanks to low interest rates.

Promontory said Wednesday that it acquired FS Advisory from Date, who founded the consulting practice along with Fenway Summer in 2013 after leaving the Consumer Financial Protection Bureau as deputy director.

Mortgage bankers facing new demands on their businesses are becoming increasingly interested in new sources of liquidity, particularly through mortgage servicing rights financing vehicles.

Mortgage rates fell for the first time in a month, cutting costs for buyers during the housing market's busiest time of the year.

The Financial Stability Oversight Council is encouraging mortgage agencies to continue clarifying when lenders must repurchase defective loans.

Radian Guaranty has added two national account managers and an inside sales account management team to work strictly with its credit union customers, their members and their trade associations.