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MountainView Servicing Group will serve as an advisor in the sale of a $1.2 billion Fannie Mae and Freddie Mac mortgage servicing rights portfolio.

More than 60 members of Congress joined banks and credit union trade groups this week in urging the agency to modify its plan to require members of the 12 regional Home Loan Banks to hold a certain percentage of mortgages on their books.

Going from 5% to 3% may seem like a small difference, but depending on the details, it could mean thousands of new buyers into the market.

The New York unit of Japanese securities firm Nomura Holdings may be three traders short after reportedly placing them on leave, but the firm is said to have muscled away a large auction held yesterday.

The U.S. Treasury and the federal overseer for Fannie Mae and Freddie Mac should consider ending government control of the two companies if Congress fails to reform the housing-finance system, Sen. Tim Johnson said.

Groundbreaking for single-family homes climbed in October and permits for all future projects reached a six-year high to signal construction will add to economic growth in early 2015.

The Federal Housing Administration's mortgage insurance fund is finally in the black, but not strong enough that the agency is likely to lower premiums anytime soon.

The Federal Reserve Bank of New York has selected Mischler Financial Group, Brean Capital and Loop Capital Markets to participate in its mortgage-backed securities pilot program.

Confidence among homebuilders rebounded in November as low interest rates and a strengthening job market helped boost sales.

The company is a new player in the market linked to Cerberus, an investor in pre-downturn jumbo securities market participants.