Secondary

Two subsidiaries of PHH Corp. have entered into individual agreements with Credit Suisse First Boston Mortgage Capital for two-year extensions on their committed warehouse credit facilities.

Better performance of mortgage insurers this year is a credit positive for state housing finance agency single-family whole loan programs that rely on mortgage insurers to protect against mortgage defaults.

Freddie Mac plans to impose an annual $7,500 surcharge on small seller/servicers starting Jan. 1.

What is being disputed in the courts is when the clock starts ticking on the statute of limitations.

While principal forgiveness is compelling, making it widespread is problematic.

Interactive Mortgage Advisors is offering up for bid a $1.02 billion bulk Fannie Mae and Freddie Mac mortgage servicing rights package.

Banks are hungry for earning assets, but General Electric is poised to offer up its consumer business to the masses.

Fannie Mae is snatching potential profits away from mortgage lenders as it posts record earnings that are fueling industry concern the government-backed company is regaining its swagger even as lawmakers plot its demise.

Fitch said part of the problem with the previous generation of commercial mortgage-backed securities was the use of pro-forma assumptions.