Secondary markets

The Federal Housing Finance Agency said that The Cogsville Group has purchased 94 Fannie Mae properties in Chicago as part of a real estate owned pilot initiative.

The New York attorney general has sued JPMorgan Chase, charging that the Bear Stearns brokerage it bought committed fraud in the sale of hundreds of billions of dollars in mortgage-backed securities.

Lender seeks to ease minds of buyers worried about declining home vales.

Fannie Mae purchased $86 billion of loans from its seller/servicers during August, up 12% from the month prior.

Platinum Data and SharperLending have entered into a technology alliance providing access to certain product on the collateral valuation side of the transaction.

Morgan Stanley Mortgage Capital Holdings was sued for at least $111 million by a trustee for investors in mortgage-backed securities.

HLSS completes another servicing deal with Ocwen Financial Corp.

Presently, for legacy seller/servicers the minimum is roughly $2.5 million, but the fear is that over time that threshold will be ratcheted up to $5 million—all in the name of risk management.

Every one should have a specialty in the mortgage origination business and here are some to consider looking into.

Thanks to more GSE G-fee hikes, in time we may see more firms play in the jumbo MBS space. But don't hold your breath.

For 40 years Fannie Mae and Freddie Mac were the envy of the financial world.

There were some findings in Xerox’s eighth annual “Path to Paperless” survey that are eye catching, since they reveal discernible anxiety about mortgage regulations that’s impacting the pace of innovation.

The Federal Reserve’s third quantitative easing program has been doing a good job lowering mortgage rates, or at least that was the case at our press deadline.

Freddie Mac won’t have to face a lawsuit filed by investors accusing it of misrepresenting the state of its finances in 2007 and 2008, a federal judge ruled.

Grand Bank has agreed to sell its wholesale mortgage banking division, ICON Residential.

Mortgage REIT Redwood Trust is ready to hit the market with yet another new jumbo deal.

A new report from the inspector general of the Federal Housing Finance Agency slams the agency for delegating too much management authority to the government-sponsored enterprises on major business decisions.

U.S. residential mortgages’ losses are too small to account for the 2008 financial crisis, implying they were a sign of other causes rather than the main cause, according to industry analyst Mark Adelson.

Residential Capital Corp. will be auctioned off to the highest bidder in less than a month but the process of choosing a winning bidder could stretch out to five days.

Flagstar Bancorp must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in residential mortgage-backed securities it issued during the run-up to the financial crisis.