Secondary

The new FHA reverse mortgage rules will lead to more originations of variable-rate home equity conversion mortgages because of the restrictions on the first draw.

Unlike most mortgage stocks PennyMac Mortgage Investment Trust and Kaufman & Broad shares traded up on Friday.

We're hearing well-to-do jumbo borrowers are securing better mortgage rates than the average Joe getting a conventional loan from a Fannie Mae or Freddie Mac lender.

Servicers have found obtaining liquidity for Fannie Mae, Freddie Mac and Ginnie Mae servicing extremely challenging.

Servicers have found obtaining liquidity for Fannie Mae, Freddie Mac and Ginnie Mae servicing extremely challenging.

The recovery rate on securitized commercial mortgage loans that were liquidated during the second quarter suffered a fairly sizeable setback while the overall volume of specially serviced CMBS loans is gradually shrinking.

Performance expectations for peak vintage mortgage loans securitized between 2005 and 2008 are mixed as losses may range from a low of 2.1% to a high of 25.5%.

Moody's Investors Service upgraded Children's Hospital Central California to A1 from A2 and revised the outlook to stable from positive.

The average volume of PennyMac shares changing hands was over 1.56 million.

The Village Center Community Development District in Florida is urging the Internal Revenue Service to allow its $427 million of bonds to remain tax-exempt.