Secondary markets

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.

The issuer was a governmental agency who was authorized to issue bonds on behalf of a public benefit corporation for the purpose of providing low-income housing.

The downgrade to speculative grade reflects the city’s fiscal distress, which is evidenced by the second consecutive year with a resolution declaring a state of emergency.

Redwood Trust has issued another jumbo residential mortgage-backed securitization through Sequoia Trust that brings its total of deals done so far this year to nine.

Americans are finding it pays to go big when borrowing to buy a home.

The issuance of nonagency residential mortgage-backed securities so far in 2013 is approaching the $11 billion mark, according to Standard & Poor's.

The average rate for a 30-year fixed-rate mortgage during the week ending July 3 dropped back to 4.29% in Freddie Mac’s holiday-shortened weekly survey.

Overall application volume decreased by 11% from the prior week on a seasonally adjusted basis for the week ended June 28.

Nationstar’s revised loss reporting related to principal forbearance loan modifications will have what Fitch calls “marginal rating implications” on some residential mortgage-backed securities that already have very low ratings.

Its demise put Rhode Island on the hook for a $75 million loan guarantee.

We're hearing that the days of 30-year fixed mortgage rates below 4% may be over.

Denmark is warning that the world’s biggest mortgage market per capita is again under threat from a proposal by the Basel Committee on Banking Supervision.

Stonegate Mortgage Corp. plans to conduct a registered initial public offering of its common stock.

Standard & Poor's Ratings Services said it raised its long-term issuer credit rating on District of Columbia Housing Finance Agency by one notch to A from A-minus.

The relatively weak financial strength of certain originators and sunset provisions on the backstop by the seller still demand additional protections.

U.S. home-loan bonds without government backing tumbled last month to leave several types of the debt trading at their lowest prices of the year.