Secondary markets

Sen. Bob Corker said he would resist attempts to weaken a 10% private capital requirement for the GSEs in his bill.

Springleaf plans to issue another subprime residential mortgage-backed securities deal, its third so far this year.

Ginnie Mae funds on average during the third quarter of this year generated a 0.69% cumulative total return.

Essent Group added Wells Fargo., its largest customer, to the group of underwriters for an initial public offering.

The Community Mortgage Lenders of America is urging Senate Banking Committee leaders to beware of “too big to fail” banks in crafting a GSE reform bill.

The loan is secured by the borrower’s fee interest in a Midtown Manhattan office building.

Starting in 2014, the Federal Home Loan Bank of San Francisco will purchase mortgages for its own portfolio using the MPF Original and MPF Government products.

The Freddie Mac survey’s weekly average for fixed mortgage rates dropped a bit for the third week in a row as the federal government shutdown rocked consumer confidence.

Mortgage REITs plunged 17% since May 14 as government-backed mortgage bonds endured the longest monthly losing streak since 1999.

Wintrust Financial in Chicago has struck a deal to expand its mortgage business to Southern California.

As a rule transfers of mortgage servicing rights from one servicer to another do not have a negative impact on mortgage-backed securities ratings, but MSRs still make some insiders nervous.

Morgan Stanley and Bank of America will issue another CMBS conduit transaction that has been assigned preliminary rating by Kroll Bond Rating Agency.

New Penn joins Affiliated Mortgage and Norcom, among others, entering this business channel.

Shares of Municipal Mortgage and Equity LLC were supposed to have resumed trading by this morning but they did not.

Kroll Bond Rating Agency warned that so-called extraordinary expenses in residential-mortgage-backed securities can be a possible credit risk.

Refinance application volume was up 3% for the week ended Sept. 27 as rates continued to decline, hitting levels seen back in June.

Walker & Dunlop said its 3Q13 commercial mortgage origination volume will end up in the range of between $1.7 billion and $1.9 billion, which is below its previous guidance of between $2 billion and $2.5 billion.

he delinquency rate for commercial real estate conduit loans was 8.14% in September, the fourth consecutive month of decline.

The California Public Employees Retirement System is showing concern about a program in Richmond, Calif., that could involve using eminent domain to seize loans.