Secondary

A coalition of housing and real estate trade groups is ratcheting up pressure on the Trump Administration to ensure the government-sponsored enterprise (GSE) reform
A coalition of housing and real estate trade groups is ratcheting up pressure on the Trump Administration to ensure the government-sponsored enterprise (GSE) reform remains a priority.   In letters to Treasury Secretary Steve Mnuchin and Federal Housing Finance Agency Director Mel Watt, the trade... Keep Reading....
A new secondary mortgage market is being proposed in Jamaica, with the goal of breathing new financial vitality into the Caribbean nation’s residential property space
A new secondary mortgage market is being proposed in Jamaica, with the goal of breathing new financial vitality into the Caribbean nation’s residential property space. According to a report in The Gleaner, Prime Minister Andrew Holness addressed an audience at a Realtors Association of Jamaica... more
Credit unions maintained a 6.1 percent share of the mortgage market share in 2015
RBS Securities Inc., a division of Royal Bank of Scotland, agreed to a $120 million settlement with the state government of Connecticut regarding charges of problematic underwriting of residential mortgage-back securities (RMBS) in the years prior to the 2008 financial crisis. Under the terms of... more
Nearly 900 mortgage originators, housing finance experts, and government officials will join Ginnie Mae over the next two days to explore the most critical challenges still facing the housing finance industry
Nearly 900 mortgage originators, housing finance experts, and government officials will join Ginnie Mae over the next two days to explore the most critical challenges still facing the housing finance industry. The two-day 2016 Ginnie Mae Summit in Washington, D.C. will focus on the shift to... more
Deutsche Bank AB is rejecting an effort by the U.S. Department of Justice (DOJ) to $14 billion in a settlement of charges related to its residential mortgage-backed securities (RMBS) activity in the pre-recession years
Deutsche Bank AB is rejecting an effort by the U.S. Department of Justice (DOJ) to $14 billion in a settlement of charges related to its residential mortgage-backed securities (RMBS) activity in the pre-recession years. According to a MarketWatch report, Germany’s largest lender began negotiations... more