Secondary

The Securities and Exchange Commission is likely to continue filing cases tied to residential-mortgage-backed securities.

Freddie Mac made plans for its second multifamily securities offering for the year and released figures that show its overall multifamily volume set a record in 2012.

New York Community Bancorp said its 2012 mortgage banking income was more than double 2011’s, ending the year at $179 million.

After last year’s false start, the government-sponsored enterprises plan to introduce risk-sharing bonds this year.

Bank of America Corp. lawyers asked a federal judge to dismiss American International Group’s fraud claims over devalued Countrywide Financial mortgage-backed securities it had to sell as part of the government bailout.

Government-approved lenders issued nearly $395 billion in Ginnie Mae MBS in calendar year 2012, up 20% from the prior year.

Issues related to default risk and losses associated with delinquent HOAs are the iceberg many in the industry still fail to see.

Silvergate Bank said gains from its reverse mortgage banking business and warehouse lending fee income were the biggest contributors to the fourth-quarter and full-year 2012 increases in noninterest income.

Reopening the U.S. mortgage securitization pipeline is a vital step toward a housing market recovery that will boost the wider economy.

This time last year, some questioned whether Signature Bank could maintain its strong earnings streak, given a heavy reliance on residential mortgage-backed securities.