Secondary markets

Fannie Mae acquired nearly 640,500 Home Affordable Refinance Program loans in 2012.

Manhattan apartment prices climbed in the first quarter as buyers competed for properties amid the biggest inventory decline in more than a decade.

Fannie Mae reported fourth-quarter net income of $7.6 billion for the fourth quarter and $17.2 billion for the full year after deciding not to recognize any deferred tax assets until the first quarter of 2013.

With the exception of MGIC, by the end of the day all Mortgage Industry Equity Composite stocks were in the red.

The demolition of El Paso City Hall to clear way for a downtown baseball stadium will take only eight seconds.

The U.S. government is resisting an effort by Standard & Poor's to move to the federal level a string of lawsuits by states that charge the ratings agency with misleading investors.

The wholesale lending business of 12 Federal Home Loan Banks picked up last year although it doesn’t show up in the top-line figures.

The Bipartisan Policy Center's Housing Commission recommends a model similar to Ginnie Mae, where approved lenders are the issuers of mortgage-backed securities.

Fannie Mae and Freddie Mac are poised to begin funneling healthy quarterly revenue back to the U.S Treasury as the housing market rebounds.

Bank of America stocks received the highest bids on Thursday.

Kenneth Cohen, the head of commercial real estate finance at UBS AG, is leaving to join Bank of America Corp.

American Capital’s assets grew to $100.5 billion at the end of last year from less than $5 billion three years earlier, making the real estate investment trust the largest after Annaly Capital Management.

Almost two-thirds of stocks in this publication’s Mortgage Industry Equity Composite ended the day with slight gains on Wednesday.

Fannie Mae might recognize a portion of its deferred tax assets in the fourth quarter and take the rest of the DTAs over the next several quarters.

Matt Nevins has joined the Securities Industry and Financial Markets Association as managing director and associate general counsel with SIFMA’s Asset Management Group.

Federal Reserve Bank of Boston President Eric Rosengren said he wants to continue the central bank’s bond purchases through year’s end and raise or lower the pace in response to economic data.

JPMorgan Securities and Deutsche Bank are working on a $285 million commercial mortgage-backed securities deal collateralized by the Hotel del Coronado in San Diego and the intellectual property rights associated with its brand name.

Fannie Mae and Freddie Mac are exempt from paying real estate transfer taxes.

The Federal Housing Finance Agency has proposed banning force-placed insurance commissions in a blow to banks and other mortgage servicers.

Freddie Mac purchased nearly $43 billion in mortgage loans and securities in February, down fractionally from January.