Secondary

Companies like Lennar Corp. have seen an 18% jump in prices on their inventory this year.

All but two of the Mortgage Industry Equity Composite members closed higher on Friday than they did on Thursday.

The aggregate principal balance of the purchased loans, secured by six different multifamily and mixed-use properties owned by the same borrower, was approximately $18 million.

Some see little evidence that shrinking Fannie and Freddie will bring private capital into the mortgage market.

Michael Flood previously was a director in Fannie Mae’s single and multifamily divisions and also oversaw Troubled Asset Relief Program assets for the White House Office of Management and Budget.

Auditors report solid improvement in the capital position of the federal mortgage insurance fund.

A hike in guarantee fees could encourage banks to retain loans they might have otherwise sold to Fannie or Freddie, but observers are skeptical that it will accomplish its true mission of jump-starting the market for private-label mortgage securitizations.

New loan-level price adjustments negate Fannie and Freddie’s price advantage.

Defining multifamily affordable housing using an existing method fails to account for differences between micro-markets within a region.

There were 15 out of 17 Mortgage Industry Equity Composite members that closed lower on Thursday.