Secondary

Barclays and Bank of America Merrill Lynch are joint bookrunners on the residential mortgage-backed securities deal that is expected to close Thursday.

For many politicians, GSE reform is a shorthand term, which translates into their plan to shut down the government-sponsored enterprises in favor of an untested system of housing finance.

Home equity investment/sharing products have had mixed success historically but FirstREX appears to be making some inroads supporting home purchase downpayments in the Pacific Northwest.

A more mature bank-owned foreclosure-to-rental property market is attracting a different type of investor into this new reality and likely changing how business will be done in 2014, an insider says.

The North Carolina Democrat will be the first confirmed director of the FHFA in five years.

The title insurer had the highest gain among Mortgage Industry Equity Composite member stocks on Tuesday.

Securitization of single-issuer pools falls to new lows.

The new division among other things will offer services related to mergers and acquisitions, benchmarking reports, compliance, operational reviews, and leadership, management and organizational strategy.

Nationstar is bringing to market a $154-million-plus residential mortgage-backed securities deal backed by seasoned, nonconforming collateral, according to a Standard & Poor’s presale report.

There were 11 Mortgage Industry Equity Composite stocks which closed higher than they did on Friday and six lower.