Capital markets

Freddie Mac will begin issuing single-family mortgage-backed securities sometime next year via the new common securitization platform, the Federal Housing Finance Agency said Thursday.

Analysts at Kroll Bond Rating Agency predict issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.

There could be more willingness among lenders to roll back self-imposed requirements for agency loans in 2016, but secondary-market conditions will be mixed for mortgage sellers while rates and costs are poised to rise.

Fannie Mae is offering yet another carrot to lenders that have lobbied extensively for relief from loan repurchases.

Most investors in a JPMorgan survey said they want to ditch the pricing benchmark now used for a variety of asset-backed bonds — the swaps curve — and go back to Treasuries. But it's not so easy.

The Federal Housing Finance Agency unveiled a new proposal Tuesday that would detail how Fannie Mae and Freddie Mac should serve three underserved markets: manufactured housing, affordable housing preservation and rural markets.

As the mortgage industry heads into the New Year, National Mortgage News is taking a look at the biggest trends and topics that will shape 2016.

Freddie Mac plans to issue $976 million of multifamily mortgage-backed securities later this week.

Javelin Mortgage Investment has negotiated a rebate agreement with its manager and taken other steps in a bid to reduce expenses by about $2.1 million.

Ellie Mae has released an updated version of its mortgage management software, with updates on compliance and overnight rate protection for secondary marketing.