Secondary

In response to the guidance offered by one of our commenters recently, Freddie Mac sets the record straight about their review process.

Nomura Holdings Inc. and Royal Bank of Scotland Group Plc engaged in "enormous" deception in selling defective mortgage-backed securities, a judge ruled following a trial over a trigger to the 2008 financial crisis.

A lot of bankers want on-balance-sheet mortgages declared ultrasafe under federal rules, and Wells Fargo executive Brad Blackwell explains why he thinks it's in their self-interest more than ever to live up to their arguments in favor of such a policy.

Genworth Financial Inc., the insurer divesting units after posting record losses, has sold 14% of its Australian mortgage-guaranty unit, the company announced on May 11.

Home prices climbed in 85% of U.S. metropolitan areas in the first quarter as low mortgage rates and the strongest labor market in almost seven years spurred demand.

The U.S. commercial-mortgage backed security delinquency rate fell again in April, fueled by strong new issuance, according to Fitch's latest index.

MGIC Investment Corp. ended April with 2,606 fewer delinquent loans on its books as the number of new notices declined from the prior month.

Trading of securities backed by Fannie, Freddie and Ginnie is down sharply since the beginning of the year. Bankers' concerns about capital and rates are among the reasons, and the problem may ultimately make the underlying market for mortgages less liquid.

Most title professionals will be prepared when the Consumer Financial Protection Bureau implements its TILA-RESPA Integrated Disclosure rule on Aug. 1, according to the American Land Title Association.

The commercial mortgage-backed security loan delinquency rate dropped slightly in April, according to analytics and technology firm Trepp.