Secondary markets

Bank servicers have a compliance dilemma: they need to quickly shed mortgage-servicing rights ahead of Basel III at a time when regulators are keeping a close watch on the manner in which transfers are handled.

The Justice Department is aiming to settle a probe into Morgan Stanley's subprime mortgage business by early 2015.

Activist investment firm Corvex Management reported a 7.1% stake in American Realty Capital Properties, the U.S. real estate investment trust that has plunged since disclosing accounting errors two months ago.

Data Facts Inc., a mortgage credit report and verification services provider based in Cordova, Tenn., has adopted AccountChek, a deposit verification service provided by FormFree.

Mortgage rates stayed near their 2014 lows despite rising slightly, according to the Freddie Mac Primary Mortgage Market Survey released Wednesday.

Wells Fargo, HSBC, Bank of New York Mellon and Deutsche Bank were sued by an Irish securities firm that claims the banks failed to protect investors in their role as trustees of securities backed by home loans that defaulted after the 2008 credit crisis.

The government-sponsored enterprises' changes to their representations and warranties regulations could increase lending — and some risks. Here's the downside to the move and how lenders can mitigate related concerns.

The Release of the Year Award recognizes a new software, platform, alliance or initiative that's expected to have the broadest future impact on the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.

The bank is piloting one conduit for jumbo mortgages and another for Ginnie Mae-eligible loans.

The 3%-down payment mortgage has been made available to consumers with a speed rarely seen in this business, in large part because more lenders than ever are selling loans directly to Fannie and Freddie.

Farmland Partners has expanded its secured note line of credit with Farmer Mac to $150 million, from $75 million.

NCUA has filed suit against another big banking company over mortgage-backed securities.

The Servicing Trailblazer Award acknowledges a servicer or vendor initiative, product or platform that uses technology to optimize mortgage portfolio management and ensures efficient communication with borrowers, investors and the mortgage servicing support industry. Learn about this year's finalists and see who won the 2014 MT Award.

The government-sponsored enterprises' changes to their representations and warranties regulations could increase lending, or cause taxpayer losses related to GSE purchases of bad loans. Here's why advocates like the move.

Market participants are encouraged by the FHFA's move to ease repurchase requirements — which will likely result in a continued domination of the market by government agencies.

Remember when nobody wanted to touch U.S. subprime-mortgage debt? That's just a distant memory as they deliver some of the bond market's best returns.

Radian Group Inc. agreed to sell its bond guarantor to Assured Guaranty Ltd. for $810 million to free up capital as the company prepares for tighter oversight of mortgage insurance.

WASHINGTON — The Federal Housing Finance Agency said Monday it has approved the merger of the Federal Home Loan banks of Des Moines and Seattle, giving approval to the first voluntary combination in the history of the system.

The Carlyle Group and Warburg Pincus have agreed to acquire the global credit ratings agency DBRS.

Trustees for mortgage bond investors asked a New York court to approve a $1.13 billion settlement reached in April with Citigroup Inc. as the bank seeks to resolve liabilities for loans it packaged and sold in the run-up to the 2008 financial crisis.