In the latest of what it sees as a quarterly offering of multi-family mortgage-backed securities (MBS), Freddie Mac said it had priced approximately $1 billion in so-called K Certificates and expects them to settle October 22. The structured pass-through certificates help provide liquidity to the multi-family housing market by enabling Freddie Mac to securitize loans that traditionally have been held in its investment portfolio.

The new requirements regarding higher priced mortgage loans under Regulation Z that went into effect October 1 pose new compliance challenges for mortgage lenders.

As new rules to protect borrowers come into effect, some prospective homeowners may find themselves protected out of the market.

Spring came a little late to New York this year due to frozen market conditions last fall, according to a report on the real estate market in Manhattan.

The Federal Housing Administration (FHA) updated the conditions under which it will pay loss mitigation claims for loan modifications in order to help borrowers get lower payments.

The Federal Reserve clarified its restrictions on prepayment penalties that went into affect this month so that they would not discourage lenders from making certain kinds of Federal Housing Administration (FHA) loans.

While the overall level of commercial and multifamily mortgage debt outstanding declined in the second quarter, multifamily debt itself edged ahead.

The distressed conditions that have plagued residential real estate are now spreading to commercial real estate, but that is setting the stage for more investor capital to move into the sector, according to a restructuring expert.

A new effort by Wall Street to re-securitize some toxic mortgage obligations held by financial institutions is drawing the skepticism of regulators who see it as déjà vu all over again.

Spatial patterns of mortgage delinquency can help analyze market situations and shape loss mitigation strategy in major metropolitan markets, First American CoreLogic says in the latest edition of its MarketPulse newsletter.