Secondary

The bond purchases, known as quantitative easing, have helped push up stock prices and reduce bond yields.

Hudson City Bancorp reported a 34% decline in quarterly profit as it waits for regulators to approve its sale to M&T Bank.

President Obama has picked Rep. Mel Watt, D-N.C., to head the Federal Housing Finance Agency.

Mortgage application volume for the week ended April 26 increased 1.8% on a seasonally adjusted basis from the week prior.

The request for a stay was opposed by NCUA, which argued that delay could prejudice the outcome of its cases by changing the nature and availability of certain evidence and records.

Loan acquisitions by Fannie Mae fell 11% in March following a 9% decline in February.

Fannie Mae is providing loan-level performance data on 18 million loans to get private investors interested in buying into several risk-sharing transactions this year.

We're hearing that although some big players have exited wholesale in recent years, New York mortgage brokers today have the support of several strong, small to midsized lenders in this channel.

National Mortgage Insurance Co. has become operational, having started to write policies in early April.

Colliers International has arranged $72 million refinancing for eight retail centers in the Denver area.