Secondary markets

Profit margins in JPMorgan Chase's mortgage banking unit were down in the third quarter, primarily due to the shift in the mix from refinance activity to home purchases, and from retail loan originations to correspondent lending.

"How's TRID going with you?" is sure to be the most-asked question at the Mortgage Bankers Association's Annual Convention, but fair lending compliance and the Qualified Residential Mortgage rule are among the key market developments that will dominate conversations.

Fannie Mae and Freddie Mac announced this week a revised selling representation and warranty framework at the direction of their regulator, the Federal Housing Finance Agency.

Fannie Mae is selling $1.2 billion worth of nonperforming loans, in an attempt to give borrowers other options besides foreclosure.

The inclusion of a loan secured by Chicago's Prudential Plaza in a recent CMBS is causing a stir.

Colony American Finance is preparing its first securitization of loans to single-family landlords, according to Kroll Bond Rating Agency.

Consumer confidence in the housing market rose in September, after dipping in the summer, according to a new Fannie Mae report.

Despite their major push to overhaul the housing finance market last Congress, Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., offered little optimism Tuesday that structural reform is on its way anytime soon.

Fannie Mae and Freddie Mac have put billions of dollars' worth of distressed mortgage assets up for sale this year, but small buyers acquiring carve-outs of these offerings are driving activity in this niche market.

An initiative underway at Freddie Mac seeks to integrate new and existing technology to create a comprehensive suite of quality control tools designed to help lenders manage their mortgage repurchase risks.

Goldman Sachs is marketing $848.4 million of bonds backed by commercial mortgages.

Two Harbors Investment Corp. made a quick turnaround from its early September transaction and is marketing another $334 million of bonds backed by residential mortgages.

American Finance Trust, a commercial mortgage real estate investment trust, plans to securitize a $649.5 million loan that is secured by 268 single-tenant properties, according to Standard & Poor's.

The Federal Housing Finance Agency is planning to issue a final rule in the next 12 months to require Fannie Mae and Freddie Mac to better serve underserved markets, including manufactured housing, the agency said Thursday.

WinWater Home Mortgage is back with its largest ever securitization of residential mortgage loans.

Loans that underlie commercial mortgage-backed securities fell in price from July to August, according to DebtX.

A number of investment banks have been increasing the portion of high-quality loans backing commercial mortgage bonds.

Bayview and Freddie Mac believe they can provide a stable funding supply to underserved to owners of small commercial properties.

Ginnie Mae's plans to beef up oversight in response to the growth of nonbank issuers in its ranks will emphasize deeper analysis of firms' capital and liquidity positions rather than requiring issuers to maintain larger cash reserves.

Freddie Mac has taken out another reinsurance policy that transfers the risk that mortgages it insures will default.