Secondary markets

His successor, Jose Ramon Gonzalez, has served on the board of directors since 2004 and he joined the management team on Tuesday as the executive vice president.

The $350 million in proposed senior unsecured notes due 2021 currently have a 50% to 70% chance of recovery in a default for those reasons.

Freddie Mac conducted its first bulk sale to test the market for seasoned multifamily loans and discovered strong investor interest.

Morgan Stanley and Bank of America priced $1.27 billion of commercial mortgage-backed securities.

Over the next 12 months, Northview Hotel Group plans to execute an extensive renovation of the Queen & Crescent hotel in order to maximize the value of the property.

The volume of appraisals being completed within the last year has slowed down due to new regulation that has been imposed for the industry.

Housing Finance Agencies in the U.S. have the highest ratings ever and are maintaining strong financial ratios, according to Standard & Poor's.

Fannie Mae and Freddie Mac should “at least marginally reduce loan limits” to reduce the government’s dominance of the mortgage market.

If there’s one point of consensus when it comes to recent reform’s effect on Home Equity Conversion Mortgages and the securitized market for them, it is that they will be in shorter supply going forward.

A quarter-to-quarter decline is due to higher mortgage rates and seasonal factors.

The portfolio is going up for bid on Oct. 17 and is reportedly from an entity that originally planned to be a buyer rather than seller.

Stonegate Mortgage’s initial public offering of 7.1 million shares started off strong Thursday with its stock rising initially by almost $2 in price.

JPMorgan Chase is using cheap funding from government-chartered institutions to meet new regulations designed to ensure it won’t need a taxpayer bailout in any future crisis.

Almost everyone has an opinion about how to reform Fannie and Freddie, but some housing experts say the status quo isn't so bad.

Most Federal Reserve policy makers said the central bank was likely to taper its bond purchases this year, even as they unexpectedly refrained from such a move in September.

Bank of America fared best in terms of percentage gains on the day with a 1.1% increase in value.

JPMorgan and Barclays are preparing to launch another commercial mortgage-backed securities deal.

The initial public offering of 6.5 million shares of common stock had a public offering price of $20 per share.

As the guarantee fees for loans sold to the agencies go up, investor can get relatively more attractive yields from a whole loan execution.

State housing finance agencies weathered the storm of the financial crisis and are now getting a boost from creative bond structuring and rising home prices.