Secondary

Congressional use of guarantee fees to fill funding gaps could cause more Federal Housing Administration loans to be originated, some worry.

When it comes to possible ways for the Federal Reserve to unwind its mortgage-backed securities purchases, reverse repurchase sales are the most optimistic path for MBS.

The chief economist of the Mortgage Bankers Association said there will be several factors driving the mortgage business this year.

Some industry officials believe savings could be achieved through the development of a common Fannie Mae/Freddie Mac mortgage security.

Housing developers looking for ways to build energy-efficient and culturally relevant housing now have a model for the task.

Fannie Mae and KPMG LLP agreed to pay $153 million to settle an eight-year-old investor class action.

Freddie Mac posted earnings of $4.6 billion in the first quarter compared to $557 million a year ago as it continues to benefit from the housing recovery.

Sabal Financial Group said it helped a client acquire a real estate and land loan portfolio valued at $75 million in unpaid principal balance.

Mortgage application volume increased 7% on a seasonally adjusted basis for the week ended May 3.