Secondary

Ellington Financial has priced a public offering of 5 million common shares.

Farmer Mac reported first-quarter net income of $16.2 million, which is a decline from 1Q12’s $22.2 million.

Mortgage Bankers Association president and CEO David Stevens is pressing hard for the agencies’ risk-sharing initiative to be done soon and on the front end.

A real estate arm of KeyCorp has agreed to purchase more than $100 billion of servicing rights on commercial and multifamily loans from Bank of America.

Ally Financial Inc. may learn today how hard it will be to escape $25 billion in claims made against its bankrupt mortgage arm, Residential Capital.

Freddie Mac plans to begin selling home-loan bonds without U.S. backing from its holdings as rising property prices help boost their value.

PennyMac Financial Services’ Class A shares at the end of their first trading day on the New York Stock Exchange Thursday were up $1 at $19 per share.

Small banks are turning to the Federal Agricultural Mortgage Corp.—better known as Farmer Mac—for lending to agricultural borrowers at interest rates that match those offered by Farm Credit lenders.

Fannie Mae is preparing to the cut a dividend check to the U.S. Treasury for $59.4 billion due to its decision to recognize deferred tax assets that have been sitting on the GSE’s books since it was placed in conservatorship.

EverBank, which recently issued its first jumbo mortgage-backed security, plans to become a regular issuer and is close to another deal.