Secondary

PacTrust Bank will start funding loans through the warehouse and correspondent programs in March 2013.

Freddie Mac plans to offer its second K deal backed exclusively by five-year multifamily collateral.

Securitizations that significantly limit repurchases are among structural weaknesses that could prevent residential mortgage-backed securities from getting Moody’s highest rating.

The House Financial Services Committee will schedule hearings on the regulation of Fannie Mae and Freddie Mac and the competitive advantages FHA has over private insurers.

Moody's Investors Service has downgraded 16 of roughly 130 tranches backed by $2 billion in subprime mortgage loans.

Radian Group priced its 34 million share common stock offering at $8 per share before the markets opened on Wednesday.

Fortress Investment Group said fourth-quarter profit more than doubled on higher-fee income from managing funds.

Mortgage application volume declined for the third consecutive week, but one observer seems not to be concerned.

Real Estate Mortgage Network’s chief executive said he had his best year in the mortgage industry in 2012, but believes that 2013 could be even better. Credit: ThinkStock.

We're hearing that some of the relative call protection found in Ginnie Mae securitizations may not last.