Fannie New Biz Highest Since 2013 But Set to Slide (June 1)
New business ascended to the highest level since the fall of 2013 at the Federal National Mortgage Association -- though volume is poised to turn lower. Serious residential delinquency, meanwhile, was at its lowest level since the secondary lender was forced into conservatorship.
MTA Ascends to 2-Year High (June 1)
It's been more than two years since the Monthly Treasury Average has been as high as it was last month.
Bankruptcy Courts Can't Strip Jr Liens (June 1)
Junior liens held by mortgage lenders can't be voided by a bankruptcy judge just because the borrower is in a negative-equity position, according to a decision from the nation's high court.
Fannie Leads Decline in Agency MBS Issuance (June 1)
For the first time in four months, the volume of agency mortgage securitizations turned lower -- with the the Federal National Mortgage Association taking the biggest hit.