Secondary markets

Sales of so-called social bonds, which direct proceeds to areas like health, housing and education, jumped about 130% to $657 billion globally last year, and continued at a similar pace in the first quarter.

Wall Street is weighing in on the possible fate of home loan giants Fannie Mae and Freddie Mac, after a fleeting suggestion by Treasury Secretary Scott Bessent earlier this week that the government's stakes could eventually become part of the proposed US sovereign wealth fund.

Over 100,000 loans for first-time home buyers have been pooled and securitized in issuances this year, the guarantor of government-backed loans said.

The regulator is reviewing Fannie's operations and those of another government-sponsored enterprise, where there was reportedly a separate executive departure.

Multifamily debt held by all capital sources continues to grow at a faster pace than the overall commercial market, the Mortgage Bankers Association said.

Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each.

The private market is increasingly testing credit metrics aimed at growing originations without adding risk as a larger effort to this end has slowed.

Understanding the difference between an equity and mortgage REIT is vital, as these two types of REITs serve distinct purposes within the real estate market.

A coalition of national financial organizations filed a friend-of-the-court brief for preemption after regulators filed one against it in a key servicing case.

The automation provider plans to unveil functionality at its upcoming user conference aimed at improving new loan boarding and investor reporting processes.