Secondary markets

Fannie Mae reported higher net income in the fourth quarter over the previous year.

Fannie Mae has priced its first resecuritization of multifamily mortgages on energy-efficient buildings.

Mortgage interest rates fell slightly for the second consecutive week, according to Freddie Mac.

Freddie Mac's net income increased to $4.8 billion in the fourth quarter, more than double what it earned a quarter earlier, the government-sponsored enterprise announced Thursday.

Fannie Mae is making technological updates and implementing policy and operational changes as part of an effort to improve servicing.

The government-sponsored enterprises should target their affordable housing efforts to strengthening the single-family market, rather than investing in private equity giants.

The sale will include Fannie Mae's sixth "community impact" pool of loans.

While Arch Capital had a slight increase in year-over-year net income to $64 million, the total was affected by $25 million of costs related to the purchase of United Guaranty.

JPMorgan Chase is known to eschew selling conforming mortgage loans to Fannie Mae and Freddie Mac, preferring to securitize them in the private-label market.

While lenders support the intent of a proposal to encourage the growth of private flood insurance, they claim a regulatory proposal doesn't give lenders enough flexibility and remains too complicated.