Secondary

The White House is pushing back on suggestions that it will cut a deal to recapitalize Fannie Mae and Freddie Mac before the end of President Obama’s term, putting the pressure back on Congress for a solution.

The White House is preparing to push back on the flurry of hedge fund speculation that it may change course on policies that have kept Fannie Mae and Freddie Mac under government control since the financial crisis.

The Florida Supreme Court affirmed the validation of $2 billion in clean energy bonds over challenges brought by banks and a former state legislator.

The servicing industry is also facing higher capital requirements under the Basel III accord that are being phased in.

Quicken Loans is partnering with Freddie Mac to boost business among first-time and middle-income borrowers as it battles allegations over its past underwriting practices on Federal Housing Administration-backed mortgages.

Ditech Financial is tapping the securitization market to fund advances of principal and interest payments to mortgage bondholders.

B2R Holdings, the parent company of B2R Finance, which lends to landlords, has rebranded as Lending.com.

Resitrader has introduced an online marketplace for the exchange of loan data, documents and pricing information.

The issuance of U.S. prime jumbo residential mortgage-backed securities has already surpassed the 2014 total, according to Fitch Ratings.

MGIC Investment Corp. had third-quarter net earnings of $823 million, largely driven by a $698 million reversal of its deferred tax asset valuation allowance.