Mortgages

A decline in reported foreclosures and falling property sales has resulted in home prices rising in all 42 counties tracked by DataQuick.

Freddie Mac has priced its new 0.875% three-year Reference Notes security due on Oct. 14, 2016 at 99.985 to yield 0.88%.

Commercial mortgage-backed securities market metrics when it comes to new issuance are stable compared to the previous quarter, but are worse than those seen a year ago.

The securitization, COMM 2013-300P Mortgage Trust, consists of three classes of notes assigned preliminary AAA ratings by Fitch Ratings.

PennyMac Mortgage Investment Trust filed information on the pricing of an underwritten public offering of 11.3 million common shares in a move it said may help fund its correspondent lending business.

Even though rates on the 30-year fixed-rate mortgage declined during the survey week, so did loan application volume as the Mortgage Bankers Association reported a 4.7% decline on a seasonally adjusted basis for the week ended Aug. 9.

A Richey May report pegged 2Q commissions at 78 basis points and the four-month average for commissions at about 80 basis points of total production.

Appraisers who use distressed properties as comparables are not making proper adjustments for these assets that are in a run-down condition.

FeatherStone Investment Group hired Kevin Blaser to take charge of the securitizations of the company’s REO-to-rental portfolio.

We're hearing while some think adjustable-rate mortgages have been making a comeback, there are some differences in opinions.

There was just $9.5 billion of home equity that was taken out of properties in a mortgage refinance in the second quarter, according to Freddie Mac.

The Fort Wayne, Ind.-based lender is getting its secondary market approvals to sell direct to the agencies.

Syncora Guarantee’s lawsuit accusing JPMorgan Chase unit Bear Stearns of making false and misleading statements connected with a mortgage-backed securities transaction was dismissed on appeal.

The Dow Jones Industrial Average gained 31 points, but only five Mortgage Industry Equity Composite stocks closed higher on Tuesday.

A poster on the Mortgage Grapevine is looking for a new Small Business Administration program lender to hook up with.

The total value of the merger was approximately $26 million, with the two businesses now operating as CV Holdings Inc.

Fitch expects to assign its top investment grade rating to two classes of the more than $400 million transaction.

After an encouraging first quarter, New York City foreclosure activity is starting to pick up again.

Findings from a recent online poll reveal that close to one-in-five consumers believe carrying debt from month-to-month is a responsible way to manage their finances, but a mortgage is not what they have in mind.

Another wave of pre-crisis private-label residential mortgage-backed securities is coming to the end of the line with substantial losses, according to a Standard & Poor’s.