Secondary markets

A rally in a growing type of Fannie Mae and Freddie Mac securities is vindicating Invesco Mortgage Capital Inc.'s decision to be a big player in the market.

American Homes 4 Rent is pushing the maturity envelope with its latest single-family rental securitization.

The founders of FBC Mortgage have agreed to take over the mortgage lender as part of Stifel Financial's purchase of Sterne, Agee & Leach.

Recent court decisions against Fannie Mae and Freddie Mac shareholders have put to rest the notion that the two mortgage giants exist as anything but instrumentalities of the U.S. government, according to a report by Kroll Bond Rating Agency.

If you want to know what a Greek exit from the euro would do to the €16.7 billion ($19 billion) of bonds out there backed by Greek assets, a good place to start is Argentina.

While many servicers are under pressure to sell of mortgage servicing rights, there's still a fair amount of interest in buying MSRs from other quarters of the market.

Fannie Mae reported net income of $14.2 billion last year, a sharp decline from the record $84 billion in 2013 that was inflated by accounting for tax credits.

Here's a preview of some of the most interesting and important presentations scheduled at this year's MBA Servicing Conference, as selected by the editors of National Mortgage News.

Fannie Mae's first risk-share transaction of the year is for $1.5 billion.

Freddie Mac will return $900 million to the Treasury Department next month, bringing total payments to nearly $21 billion above what it received in federal aid after the 2008 credit crisis.

Mortgage servicer PHH Corp. posted a net loss in the fourth quarter, as its mortgage production and servicing segments both struggled as the year ended.

Deutsche Bank has pooled 67 fixed-rate commercial mortgages, secured by 81 properties, in a $1.4 billion securitization called COMM 2015-DC1.

One of the culprits in the building and bursting of the nation's housing bubble, the low-down-payment mortgage, is back in favor and readily available at a lender near you.

Leading economic indicators are favorable for a continued improvement in both the economy as a whole and the housing industry, and many midtier lenders will find their companies operating at a disadvantage when compared to larger firms that are approved to sell their production directly to the industry's largest investors.

Great Ajax Corp., a Maryland-based real estate investment trust, priced its IPO Friday.

Multifamily MBS issuances by Fannie Mae in 2014 increased slightly from the year before, the government-sponsored enterprise said.

Amid a growing investor appetite for risk, efforts to standardize private-label securities are key to helping ensure the market's healthy return.

MountainView Servicing Group is brokering the sale of a multibillion-dollar Freddie Mac and Fannie Mae mortgage servicing rights portfolio.

Radian Group, of Philadelphia, had an explosively strong fourth quarter in 2014 thanks to a reduction of its risk profile as a result of the pending sale of its financial guaranty unit.

Cherry Hill Mortgage Investment in Moorestown, N.J., has agreed to acquire Aurora Financial in Marlton, N.J.