Secondary markets

Laurie Goodman has left Amherst Securities to pursue a full-time role at the Urban Institute.

Regional lenders including Fifth Third Bancorp and BB&T Corp. are rooting for the Federal Reserve to let interest rates rise.

Loan quality and performance analytics provider LoanLogics has acquired the assets of industry risk management firm Parker & Co.

Refinance application activity sank to its lowest level since June 2009, while the market share of refi apps is at a point not seen since April 2010.

To become a Ginnie Mae MBS issuer, the Federal Home Loan Bank of Chicago had to get the GSE regulator’s approval for the new activity.

Bank of America is being removed from the Dow Jones Industrial Average at the close of trading on Friday and being replaced by Goldman Sachs.

Freddie Mac is offering about $1.3 billion in K certificates in its 14th multifamily securities deal of this type for the year.

NCUA said new bonds to be issued by Fannie Mae that will allow investors to share the risk of homeowner defaults will not be permitted by federal credit unions.

Federal Home Loan Bank members will be able to sell FHA, VA and rural housing loans through a FHLB program soon and these loans will be pooled into Ginnie Mae MBS.

Thirty-year conventional prepayment speeds got 22% slower than they were the previous month, including some declines in Home Affordable Refinance Program pools.

The new FHA reverse mortgage rules will lead to more originations of variable-rate home equity conversion mortgages because of the restrictions on the first draw.

Unlike most mortgage stocks PennyMac Mortgage Investment Trust and Kaufman & Broad shares traded up on Friday.

We're hearing well-to-do jumbo borrowers are securing better mortgage rates than the average Joe getting a conventional loan from a Fannie Mae or Freddie Mac lender.

Servicers have found obtaining liquidity for Fannie Mae, Freddie Mac and Ginnie Mae servicing extremely challenging.

Servicers have found obtaining liquidity for Fannie Mae, Freddie Mac and Ginnie Mae servicing extremely challenging.

The recovery rate on securitized commercial mortgage loans that were liquidated during the second quarter suffered a fairly sizeable setback while the overall volume of specially serviced CMBS loans is gradually shrinking.

Performance expectations for peak vintage mortgage loans securitized between 2005 and 2008 are mixed as losses may range from a low of 2.1% to a high of 25.5%.

Moody's Investors Service upgraded Children's Hospital Central California to A1 from A2 and revised the outlook to stable from positive.

The average volume of PennyMac shares changing hands was over 1.56 million.

The Village Center Community Development District in Florida is urging the Internal Revenue Service to allow its $427 million of bonds to remain tax-exempt.