One company advocating the use of eminent domain to condemn underwater mortgages plans to refinance the loans through the Federal Housing Administration short refinance program.

The widening in structured finance spreads is not yet a cause for credit concerns, according to Standard & Poor’s.

Rep. Jeb Hensarling is set to unveil new mortgage finance reform legislation this month—an effort that has virtually no chance of becoming law this year.

Hedge fund firm Perry Capital sued the Treasury Department claiming the government’s seizure of all profits from Fannie Mae and Freddie Mac is illegal and has destroyed shareholders’ holdings.

Royal Bank of Canada and Canadian Imperial Bank of Commerce launched their covered bond programs under the new covered bond framework in Canada.

Bribing the loan officer was part of a scheme that contributed to the bank’s failure.

Housing bonds turned a hefty 80% gain for the first half even as the entire municipal bond market was showing a 12% decline.

Two $1 billion losses affecting private-label residential mortgage-backed securities that were taken due to a change in reporting methodologies as loans with principal forbearance changed hands may be the worst of these types of losses.

The long-term rate-indicative 10-year Treasury bond leapt close to 20 basis points Friday morning following the release of Friday’s payroll report.

A former bank executive faces two years in prison and a $2.4 million restitution payment after pleading guilty to one count of misapplication of bank funds.

Is the mortgage market robust enough to say no thanks to the Fed’s easing, which has kept rates at record lows for years.

Bank of America Corp. must face lawsuit claims brought by a Texas county over government fees it avoided by using Merscorp Inc. to track property transactions.

We're hearing some good news for Fannie Mae and Freddie Mac in regard to the payment of state and local transfer taxes on the sale of real estate.

A resident of North Las Vegas has filed a legal complaint seeking to block that city’s move to use eminent domain as a means of resolving distressed mortgage woes.

Treasury 10-year yields have dropped about 20 basis points since rising to 2.66% on June 24, the highest level since August 2011.

The issuer was a governmental agency who was authorized to issue bonds on behalf of a public benefit corporation for the purpose of providing low-income housing.

The downgrade to speculative grade reflects the city’s fiscal distress, which is evidenced by the second consecutive year with a resolution declaring a state of emergency.

The Consumer Financial Protection Bureau has advised banks and other financial companies how to respond to an investigation to minimize the risk of punishment.

Servicing and other remaining risks will limit how much the performance of securitized residential mortgage loans originated during 2005-2008 will benefit from rising home prices.

DataQuick has begun offering through its website data, analytics and research for lenders, originators and investors based on its national property database and other industry resources.