Secondary

There were 11 of the 17 Mortgage Industry Equity Composite members which closed higher.

Refinances will make up just 38% of single-family originations this year—down from 60% in 2013 and 70% in 2012, according to Freddie Mac.

He also calls for a cut in fees for title policies, but no one can find where it is in the budget.

Freddie Mac’s regulator capped its multifamily production at $26 billion last year.

The sequestration and political wrangling last year meant fewer direct RHS mortgages last year, while the safety of the federal eagle on guaranteed loans appealed to lenders.

There are five Mortgage Industry Equity Composite members which closed 4% or more lower than they did on Jan. 31.

Donovan seeks $5 billion a year to preserve and increase the supply of rentals for extremely low-income families.

The price the bank had to pay related to Countrywide mortgage fraud claims escalated over time, exemplifying the government’s willingness to seek draconian penalties against banks it deems acted intentionally.

Litigants had dropped some objections over the last two years given housing-related improvements in private-label residential mortgage-backed securities performance, according to a Fitch report.

There's an elephant in the room amidst discussions on how to unwind Fannie Mae and Freddie Mac—the two government-sponsored enterprises are now making money hand over fist.