Secondary markets

As FHFA director, Mel Watt will review proposed loan fee hikes.

Office property delinquencies fell by over $1 billion, retail dropped by $7 million, multifamily declined by $256 million, industrial fell by $109 million, and lodging dropped by $13 million.

Federal Housing Finance Agency claims against 12 companies, including Goldman Sachs Group and Bank of America, are still in litigation.

The deal ended up costing the title insurer $37.14 per share in cash and stock.

This group is still relying on advice from other sources rather than making their own calculations.

Ellie Mae had the largest percentage loss among Mortgage Industry Equity Composite stocks on Tuesday.

Senior tranches of bonds backed by Italian mortgages have the most to gain among European securitized assets from an economic recovery in the region.

The company removed $226 million of Federal Home Loan Bank advances from its balance sheet.

Securitization will be the new source of funds for originators whose volume is affected by the Federal Housing Finance Agency cap.

There are concerns about the fund that helps to subsidize these bonds.

The Mortgage Industry Equity Composite had nine members close higher and eight lower following the release of the disappointing existing sales report.

Hudson City’s planned expansion into commercial real estate lending is on hold as the acquisition by M&T drags on.

There are mixed forecasts for this loan channel, but some believe qualified mortgage rule regulation is a reason for it to grow.

The agreement covers loans sold over a nine-year period running through the end of 2008.

Wells agreed to pay Fannie Mae to resolve repurchase demands on loans originated before 2009 and sold to the government-backed firm.

Home sales will rise, home price appreciation will slow, purchases will dominate, government-related securitizations will drop, and commercial ones will grow, according to these forecasts. (Image: Fotolia.)

PennyMac Mortgage Investment Trust’s board has declared a cash dividend for the fourth quarter of 2013 in a move that marks a change in policy.

The framework allows for a range of assets to be used as collateral for covered bonds, including residential mortgages, municipal bonds and mortgage bonds.

The Federal Housing Administration is handcuffed but Fannie Mae and Freddie Mac’s new regulator is expected to favor broader mortgage financing terms for borrowers.

On an otherwise slow Friday, 11 of the 17 Mortgage Industry Equity Composite closed lower than on Thursday.