Secondary markets

“Under the terms of this settlement, the bank has admitted to its misdeeds in great detail,” U.S. Attorney General Eric Holder said.

Bank of America Merrill Lynch priced an offering of bonds backed by the mortgage on the Intercontinental New York Times Square.

Radian Group and MGIC Investment Corp. are among mortgage insurers that would need to fill a financial gap under new financial-strength rules proposed by the Federal Housing Finance Agency.

Insurers would have two years to meet the tougher liquidity standards.

Reps. John Delaney, D-Md., John Carney, D-Del., and Jim Himes, D-Conn., introduced a new housing bill Thursday designed to provide an explicit government backstop for the market but still increase private sector participation.

Fortress Investment Group hired Adam Siegel, a former trader at Royal Bank of Scotland Group, to expand its mortgage business.

Citigroup may reach an agreement with federal prosecutors as early as next week to resolve a probe into sales of mortgage-backed bonds before the 2008 financial crisis.

Now that buyers and sellers have a sense of what it's like to operate in the new interest rate environment, the two sides are more likely to agree on price.

Redwood Trust is coming back to the market with its second residential mortgage-backed security of 2014, according to a presale report from Kroll Bond Ratings Agency.

Cerberus is is financing low-volume deals for small investors through its FirstKey Lending; Blackstone's B2R Finance LP. is making a similar push to mom-and-pop landlords.

Analysts are projecting Ginnie Mae could surpass Freddie Mac in outstanding MBS by next July.

New federal requirements for private mortgage insurers aim to standardize coverage across the market. That’s left some companies looking for ways to distinguish their products as they vie for lenders' business.

Ginnie Mae is paying particular attention to nonbank servicers due to the same concerns an inspector general has raised about servicing transfers involving Fannie Mae and Freddie Mac loans.

Freddie Mac bought insurance to cover as much as $285 million of losses on a pool of U.S. home loans, in its third and largest such purchase under a risk-sharing effort encouraged by its regulator.

The massive growth of nonbank mortgage servicers poses risks to Fannie Mae and Freddie Mac, according to a report from the Federal Housing Finance Agency's inspector general.

Private mortgage insurers will be required to have master policies that meet new guidelines in place by Oct. 1, according to announcements this week from Fannie Mae and Freddie Mac.

Treasury Secretary Lew said he would direct senior staff to bring together MBS investors and issuers to develop guidelines to reassure both sides they won’t be saddled with unfair losses.

The apartment sector is still pretty strong. For single-family to challenge it, employment growth may need to strengthen, notwithstanding the burgeoning market for rental house securitizations and rebounding home prices.

Mortgages were more profitable to originate in the first quarter even though a lot fewer were made, according to the accounting firm Richey May. Secondary marketing gains came to the rescue.

The regulator of Fannie Mae and Freddie Mac will conduct a series of town-hall events to convince hundreds of thousands of U.S. borrowers with little or no equity in their homes to refinance.