Secondary

Bank of America has agreed to settle with investors who alleged that Countrywide misled them about mortgage-backed securities sales.

For the second consecutive week, refis are driving the increase in application volume, this time up 4.8% on a seasonally adjusted basis for the week ended April 12.

Freddie Mac has another multifamily commercial mortgage-backed securities deal set to price on or about April 18, its sixth K deal this year.

Charles Plosser said he backs a plan for withdrawing monetary stimulus adopted by the Federal Open Market Committee in 2011.

Higher numbers of short sales on securitized residential mortgage loans helped bring down first-quarter losses.

Citigroup’s first-quarter profit rose 30% as revenue from fixed-income trading and investment banking exceeded analysts' estimates.

Origination News' discussion during the Regional Conference of Mortgage Bankers Associations delves into whether the switch to purchase will last and what sort of factors could hold back growth.

Fannie Mae received $161 billion from the U.S. Treasury since it was placed in conservatorship in September 2008 and it has already paid $35 billion in dividends to Treasury.

A former Credit Suisse managing director has pleaded guilty to conspiring to falsify his company’s books and records.

Doug Ryan is on a mission to persuade banks and regulators to create more financing options for manufactured homes—but he faces an uphill battle.