Secondary markets

The government-sponsored enterprise improved slightly upon the previous quarter's numbers, but contraction in lending remains a risk.

But the company's earnings were up due to lower loss provisions.

In an earnings call, the company said talks with depository institutions were already underway regarding potential residential loan sales.

The legislative proposals backed by Republican members of congress seek to undo the latest cross-subsidized adjustments to loan fees that two large government-related mortgage investors charge.

Her statement calls out "a fundamental misunderstanding about the fees" following concerns expressed by two congressmen and others about their impacts.

Business owners or employees in this line of business can apply for a non-QM loan in 38 states that have legalized recreational or medical use of marijuana.

A couple small deals with some unusual regional concentration also are in the market and one broker says many billions of dollars more are in the pipeline.

The transaction is the second of its kind in the past six months and comes as the mortgage leaders take steps to develop document standardization that would ease electronic closings and trading of the home equity loans.

Chief Financial Officer Terry Dolan mentioned the possibility when analysts asked about ways the bank might optimize its risk-weighted assets.

The move could reinforce measures undertaken by the current administration