Secondary markets

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.

Fannie Mae has completed a credit risk sharing transaction that transfers the actual losses on mortgages it insures — to reinsurers.

Fannie Mae will be facing more competition in the HFA market as Freddie Mac and the FHLBs become more active.

Get ready for a wave of takeovers of U.S. publicly traded landlords.

The dovish decision from the Federal Reserve to not raise the federal funds rate caused mortgage interest rates to decline across the board, according to the Freddie Mac Primary Mortgage Market Survey.

MountainView Capital Holdings is offering up for bid an $80 million, servicing-released pool of performing and distressed mortgages, some of which the Federal Deposit Insurance Corp. jointly owns.

Benjamin Solomon, Deutsche Bank AG's former global head of securitized-product trading, accused the company in a lawsuit of firing him on frivolous and unjust grounds amid an industry focus on supervisors’ responsibilities.

The Securities and Exchange Commission has settled with Thomas Lund, the former head of Fannie Mae's single-family lending unit, for $10,000, according to news reports.