Secondary markets

The industrial delinquency rate got more than 1% lower in November, as hotel delinquencies fell by 68 basis points and office delinquencies declined by 18 basis points during the month.

Over the last year to 18 months, some people have been of the opinion that REO-to-rental signifies a trade, not necessarily a long term business model.

Rapid home value appreciation, particularly in California, is currently having a very positive effect on the Zillow Market Health Index score.

The board of the Securities Industry and Financial Markets Association has elected the association’s president, Kenneth Bentsen Jr., to replace former Sen. Judd Gregg as SIFMA CEO.

Process improvements must be identified to help alleviate future problems tied to disruptions in the government. One achievable solution ripe for consideration would be to modernize the 4506-T order transmission and tax transcript delivery capabilities at the IRS.

The guarantee fees Fannie Mae and Freddie Mac charge fail to put a price on mortgage risks in line with what the private market charges.

While the Dow lost 104 points, 10 of 17 Mortgage Industry Equity Composite members closed higher on Thursday.

Origination News is looking back at the stories for 2013 which had the biggest effect on how loan officers did business. Plus, the outlook for 2014.

Senate Banking Committee leaders raised objections, claiming it would make “real” GSE reform more difficult.

The auction is the largest widely marketed sale of its type since May, when Lloyds Banking Group auctioned off almost $9 billion in U.S. mortgage-backed securities.

Investors believe the budget deal reduces the need for the federal stimulus program to continue.

Barclays and Bank of America Merrill Lynch are joint bookrunners on the residential mortgage-backed securities deal that is expected to close Thursday.

For many politicians, GSE reform is a shorthand term, which translates into their plan to shut down the government-sponsored enterprises in favor of an untested system of housing finance.

Home equity investment/sharing products have had mixed success historically but FirstREX appears to be making some inroads supporting home purchase downpayments in the Pacific Northwest.

A more mature bank-owned foreclosure-to-rental property market is attracting a different type of investor into this new reality and likely changing how business will be done in 2014, an insider says.

The North Carolina Democrat will be the first confirmed director of the FHFA in five years.

The title insurer had the highest gain among Mortgage Industry Equity Composite member stocks on Tuesday.

Securitization of single-issuer pools falls to new lows.

The new division among other things will offer services related to mergers and acquisitions, benchmarking reports, compliance, operational reviews, and leadership, management and organizational strategy.

Nationstar is bringing to market a $154-million-plus residential mortgage-backed securities deal backed by seasoned, nonconforming collateral, according to a Standard & Poor’s presale report.