Secondary markets

As a member of RealtyTrac Network, Laffey Fine Homes will have access to RealtyTrac’s data sets.

Fannie Mae plans to sell about $1 billion of home-loan bonds without U.S. backing from its holdings.

U.S. bond yields suggest investors anticipate the Federal Reserve will announce a reduction in asset purchases at its September policy meeting, according to JPMorgan Chase’s Heather Loomis.

The National Low Income Housing Coalition has sued the Federal Housing Finance Agency for failing to fund the National Housing Trust Fund that Congress created in 2008 to finance affordable housing.

Buried in the Corker-Warner reform bill are two provisions that would give the Federal Home Loan banks an opportunity to play a major role in the new housing finance system.

The offering, Freddie’s 11th K deal this year, is backed by 87 recently originated multifamily mortgages.

The widening in structured finance spreads is not yet a cause for credit concerns, according to Standard & Poor’s.

A Credit Suisse report shows the rate of 30-year conventional prepayments dropped 10% in the latest month.

Blackstone Group is preparing to expand its bet on the housing recovery by lending to other landlords.

Hedge fund firm Perry Capital sued the Treasury Department claiming the government’s seizure of all profits from Fannie Mae and Freddie Mac is illegal and has destroyed shareholders’ holdings.

Some are buying nonperforming loans to get a hold of properties in states with longer foreclosure timelines early on rather than waiting for foreclosure.

Royal Bank of Canada and Canadian Imperial Bank of Commerce launched their covered bond programs under the new covered bond framework in Canada.

Although details of the House legislation are still being worked out, it is likely to eliminate the government-sponsored enterprises and move towards a fully private system.

The Federal Home Loan Bank of Atlanta appointed one new member to its Affordable Housing Advisory Council.

Two $1 billion losses affecting private-label residential mortgage-backed securities that were taken due to a change in reporting methodologies as loans with principal forbearance changed hands may be the worst of these types of losses.

The long-term rate-indicative 10-year Treasury bond leapt close to 20 basis points Friday morning following the release of Friday’s payroll report.

The city agreed pay IceArizona, the National Hockey League team’s potential new owners, $15 million a year for 15 years to manage Jobing.com Arena.

We're hearing some good news for Fannie Mae and Freddie Mac in regard to the payment of state and local transfer taxes on the sale of real estate.

Municipal Mortgage & Equity has sold its fixed-rate performing multifamily bond portfolio to Merrill Lynch Portfolio Management Inc.

Treasury 10-year yields have dropped about 20 basis points since rising to 2.66% on June 24, the highest level since August 2011.