Secondary

TCW Group Inc., Pacific Investment Management Co. and DoubleLine Capital LP are forecasting gains for mortgage bonds without government backing.

Northstar Bank of Texas, Denton, Texas, has acquired the controlling interest in Goldome Financial Inc.

All industry stocks on this publication’s Mortgage Industry Equity Composite ended the trading day Wednesday with gains, with mortgage insurer MGIC leading the pack.

While the qualified mortgage definition is approaching a deadline this month, there are some in the securitized market worried about the rulemaking dragging on.

Lenders have originated just 2,015 FHA-insured short refinancings since the Federal Housing Administration launched the special program in August 2010 to provide a refinancing outlet for underwater borrowers with private label alt-A and subprime loans.

The Federal Housing Administration will take several additional steps to maximize recovery in the areas of loss mitigation and asset management.

The Royal Bank of Scotland has won a bid to dismiss a lawsuit that stems from its sale of securities backed by U.S. residential mortgages.

Jacksonville Bancorp has sold $25.1 million of troubled assets and completed its previously announced $50 million capital raise.

Between $500 million and $600 million will be returned to the MF Global Inc. estate under an agreement.

Jumbo originator PHH Mortgage Corp. is heading toward a new year with some changes under the hood.