Secondary markets

Lenders will get a reprieve from the threat of some mortgage-related penalties under a new program announced by housing-finance giant Fannie Mae on Monday.

The U.S. housing market is about 10 times larger than Canada's, but we can learn a few lessons from the country's cautious approach to its housing policy.

As Rodrigo Lopez begins his term as chairman of the Mortgage Bankers Association, the Nebraska multifamily lender seeks to use the platform to embrace the challenges of improving diversity and technology throughout the industry, while remaining vigilant about the ever-changing regulatory landscape.

Fannie Mae has started a pilot program that transfers 265 basis points of default risk on $3.7 billion of loans delivered over a six-month period to private mortgage insurers.

With the election just weeks away, here's a look at the mortgage industry firms whose employees have made the largest political contributions during the 2016 election cycle.

The mortgage industry remains deeply uneasy with efforts by Fannie Mae, Freddie Mac and their regulator to experiment with front-end credit risk transfers, with some arguing it helps borrowers and lenders, while others fear it will cut out small institutions.

In a move designed to help further calm lender fears about mortgage repurchase liability, Fannie Mae is preparing to offer immediate representation and warranty relief to lenders that use its suite of automated quality assurance technology.

Heather Russell, who was fired earlier this year as Fifth Third Bancorp's chief legal officer, has re-emerged in a new role.

Rates for the 30-year conforming fixed-rate mortgage rose above 3.5% for the first-time since before the Brexit vote, according to Freddie Mac.

Record deposit growth, improved expense management and strong revenue gains from mortgage banking boosted Umpqua Holdings' profits in the third quarter.