Secondary

Municipal Mortgage & Equity has resolved an administrative proceeding by the Securities and Exchange Commission that had temporarily suspended its trading.

Barclays topped the list of mortgage-backed securities bookrunners for the first nine months of 2013.

Fannie Mae's mortgage purchases fell 7% in August after a slight uptick in July, but commitments to purchase new mortgages from lenders fell to the lowest level in two years.

Freddie Mac said that James Mackey is joining the company as executive vice president and chief financial officer.

Blackstone Group’s Steve Schwarzman said his decision 19 years ago to sell what would become the world’s largest money manager was a “heroic” mistake.

The structured pass-through certificates transaction includes two senior principal and interest classes, one senior interest-only class and one junior IO class.

Analysts are warning investors about the impact of different servicing strategies on the cash flow generated by mortgage servicing rights on securitized delinquent loans.

J.C. Penney’s unexpected decision to raise capital sparked some concern among investors in commercial mortgage-backed securities, as the retailer is the second largest tenant in this market.

Investment group Peer Advisors has signed a definitive agreement to acquire 100% of the stock of Celink, the largest subservicer of reverse mortgage loans.

Impac Mortgage Holdings has completed its re-entry into the warehouse lending space.