Secondary markets

Annaly Capital Management has proposed to purchase the shares of Crexus Investment Corp. it doesn’t already own.

The Federal Housing Finance Agency wants to work with the two government-sponsored enterprises to create a common platform that’s capable of securitizing government loans and private mortgages.

The Federal Housing Administration's financial plight is the result of its support for the housing market after private sources of credit dried up.

Walter Investment Management posted strong servicing results in the third quarter while revealing that it will take control of $50.4 billion of Fannie Mae mortgage servicing rights when the Residential Capital Corp. deal closes.

The decision to delay the implementation date on Basel III capital rules could be a game changer for the residential mortgage servicing business–or maybe not.

It appears that the privately held New Penn is positioning itself to be a major player in the jumbo market

BankFinancial said it had tried "accelerated dispositions" with some of repossessed assets, selling $2.4 million of other real estate owned and accepted offers for another $4.3 million.

One Fannie Mae vendor that works on buyback cases had its workload reduced to 1,500 files per month from 9,000 at one point.

If you know the answer to four questions, you will have a better handle on quality control.

The agreement in principle with the Securities and Exchange Commission covers two investigations related to mortgage-backed bonds handled by JPMorgan and Bear Stearns.

Is it time to reconsider the death sentence for Fannie Mae and Freddie Mac?

The government-sponsored enterprises recently issued guidelines that expand the number of potential borrowers who can qualify for a short sale.

Gleacher first acquired ClearPoint in January 2011, hoping the company would give it a competitive edge in the MBS business.

Real estate investment trusts that buy mortgage debt tumbled the most in a year Wednesday on the expectation that more homeowners would be able to prepay mortgages.

The quality of Fannie Mae's new business is the best it's been in years, but part of the reason its fortunes have improved is the shrinking nature of its loan loss reserves.

Surprises in the latest prepayment numbers include a notable surge in loans eligible for the Home Affordable Refinance Program.

The GOP leadership has not doled out committee leadership assignments yet, but observers said they expect outspoken free market conservative Rep. Jeb Hensarling to lead the House Financial Services Committee next year.

At least three firms bid on MetLife's $70 billion portfolio of mortgage servicing rights.

The Federal Home Loan Bank of Cincinnati purchased $1.9 billion of single-family loans from banks and thrifts during the first nine months of 2012, a 46% increase from the same period a year ago.

Freddie Mac's third-quarter results suggest that the mortgage giant is living off the refi boom: in 3Q its secondary market acquisitions supported home purchases of 1.4 million units, but 5.6 million of refinancings.