Secondary

Freddie Mac is growing its single-family business and taking market share from its fellow government-sponsored enterprise Fannie Mae.

PennyMac Mortgage Investment Trust and its sister company, PennyMac Financial Services, reported a rise in quarterly profits.

BlackRock, the world's biggest money manager, and private-equity firm KKR & Co. have gained a majority stake in Home Partners of America, a single-family rental company backed by Lew Ranieri.

Mortgage rates increased for the second consecutive week, according to data released Thursday by Freddie Mac.

Genworth Financial Inc. posted a third-quarter loss of $844 million, driven by costs tied to its long-term care insurance operation.

The move comes as the FHFA seeks to curtail advances to mortgage REITs and tighten FHLB membership rules.

PHH Corp. reported higher third-quarter profits compared to last year, driven by gains from the sale of its fleet management business.

Private investors backing firms like RPM Mortgage are placing bets on lenders in the U.S. home loan business once dominated by Wall Street's largest banks.

Justices seem to struggle with what rescission actually means in practice and in the Truth-in-Lending Act.

Count Two Harbors Investment Corp. among investors looking for profits in riskier home loans — and expecting a market for bonds backed by them to re-emerge even with safer issuance showing limited signs of life.