Secondary markets

New approach provides better assurances that insurers will pay claims on seasoned loans.

Contrary to historic trends, third-party mortgage loans originated after the crisis years are performing almost as well as retail originated loans.

The individual performance of mortgage-related companies in this publication’s equity index ranged from a gain of about 3% to a loss of about 2% in value on the day.

The biggest state concentration in the multibillion dollar bulk mortgage servicing rights package represents less than 10% of the portfolio.

The securitization will be backed by income from a portion of the Scottsdale, Ariz.-based firm’s portfolio of single-family rental homes.

The agency is working on a plan to modernize MBS programs.

JPMorgan Chase’s $13 billion mortgage-backed securities settlement reinforces the industry’s need to keep tabs on originations, even if reform is supposed to end this kind of problem.

Western States dominate the low-coupon Fannie Mae mortgage-servicing rights package.

The Federal Reserve vice chair is getting closer to being in the driver’s seat on Fed issues that affect home loan trading, including how mortgage bonds factor into liquidity coverage ratios.

The notes are backed by servicer advance and servicing fee advance receivables, and similar to a previous August deal.

The Oct. 31 rejection of North Carolina Democrat Mel Watt’s nomination to head the Federal Housing Finance Agency led to the move.

The agency's 2014 budget will rise to $268 million, as the mortgage-backed securities settlement and a better economy have improved the National Credit Union Administration's finances.

The bank struck an agreement this week to settle potential state and federal civil claims of misrepresentations in mortgage-bond sales by the lender and companies it acquired.

The new deal adds to evidence suggesting that private label residential mortgage-backed securities issuance is making a comeback after hitting a speed bump earlier this year.

Tim Howard, dismissed with former CEO Franklin Raines in late 2004, claims in a new book, "The Mortgage Wars," that the GSE was quite healthy—but was the victim of vicious attacks by a banking lobbyist group and regulators.

Almost 500 properties across various industry sectors back the net lease commercial mortgage-backed securities deal.

Mortgage Industry Equity Composite stock performance ranged from a gain of more than 1% on the day to a loss of more than 1%.

Retail loans dominate one deal. A mix of property types back the other one.

Individual deal exposures are minimal, for the most part. The area the tornado hit contained about 100 properties, according to Standard & Poor’s.

Buyers are purchasing properties “sight unseen” in New York and demand is strong on the coasts, Texas and in suburban Detroit.