Secondary

Deutsche Bank AG and Nomura Holdings Inc. are urging caution as investors gorge on junk-rated commercial-mortgage bonds.

Richard Fisher, president of the Federal Reserve Bank of Dallas, urged the central bank to slow purchases of mortgage-backed securities to avoid disrupting the market.

William Lyon Homes, a builder that emerged from bankruptcy last year, fell in New York trading after raising $217.5 million in a public stock offering.

The Mortgage Bankers Association will be rolling out other risk-sharing structures over the next few weeks.

The majority of the stocks in this publication’s Mortgage Industry Equity Composite were up at the close of the business day Wednesday.

Ryland Group sold $250 million of debt in the third U.S. convertible note offering from a homebuilder this year.

Fitch Ratings has finalized its loan-level model for estimating losses on prime Canadian mortgage pools.

The mortgage purchase programs developed by the Federal Home Loan Banks have performed better than the loans Fannie Mae and Freddie Mac purchased during the housing boom.

Private mortgage insurers MGIC Investment Corp. and Radian Group Inc. continued their bullish run.

We're hearing some institutional investors like a home equity sharing product that serves as a partial downpayment for consumers in return for a share of the home’s appreciation over time.