Secondary

As of late last year Fannie Mae and Freddie Mac had placed more than 300 high-risk counterparties on watch lists and stopped doing business with more than 40 of them.

Presale reports on the latest deal from the only consistent, current issuer of recent origination private-label mortgage-backed securities highlights its inclusion of relatively shorter-term loans.

One tenet of real estate investing is that you never should sell a home in a down market. And one tenet of mortgage banking has always been that you don’t sell servicing rights in a down market either.

Freddie Mac is adding some new innovations to upcoming commercial mortgage securities deals from its so-called K series.

Rep. Scott Garrett, R-N.J., is working a bill that would encourage the re-emergence of a private-label securities market by exempting certain loan pools from risk retention and SEC registration.

The Federal Open Market Committee said it would increase its holdings of agency mortgage-backed securities by $40 billion per month in a third round of quantitative easing.

The Federal House Finance Agency is committed to building a common securitization platform that Fannie Mae and Freddie Mac both will use to issue their own MBS, but there will be no blending of their products.

Confirmed: some banks are buying and funding nonprime mortgages -- but the effort is small.

Strategic defaulters, beware. The feds are coming for you—not the FBI, but the Office of the Inspector General at the Federal Housing Finance Agency.

Mortgage seller/servicers may need to cough up an additional $3.4 billion of damages to Freddie Mac for buybacks.