Secondary

All MIEC stocks took gains on the day, during which the Dow rose above 15,000 for the first time ever, with the smallest being 0.08%.

Ginnie Mae mortgage-backed securities issuance rose nearly 10% in April to the highest level in four months.

We're hearing at the MBA’s secondary market conference that with many housing finance indicators and forecasts suggesting a downshift in refinancing and a modest pickup in purchases on the way, market participants do not want to be caught unprepared.

Mortgage lenders need to improve their quality dramatically or their margins will not improve.

A number of real estate investment trusts are taking a close look at "securitization 2.0."

UBS AG agreed to pay an initial $358 million to Assured Guaranty Ltd. to settle litigation over money-losing residential mortgage-backed securities transactions.

Residential Capital sued a group of hedge funds it owes almost $1 billion, accusing them of wrongly pushing for extra interest payments that would cost more than $180 million.

Genworth U.S. Mortgage Insurance's CEO said private mortgage insurance is currently very competitive with the Federal Housing Administration.

The ability-to-repay standards and qualified mortgage definitions issued by the Consumer Financial Protection Bureau leaves the consumer with little or personal responsibility for their actions.

Compliance is one of the big topics of discussion at this year’s Mortgage Bankers Association National Secondary Market Conference in New York.