Capital markets

Redwood Trust is "repositioning" its mortgage business by focusing mainly on jumbo loans, according to its top executives.

Radian Group's Clayton Holdings hired Brian Wornow to be senior managing director of lending services as the mortgage-information unit seeks more business from Wall Street firms.

After imposing a virtual moratorium on adding new issuers, Ginnie Mae is again accepting applications from mortgage companies seeking to pool loans for securitization and servicing.

Redwood Trust reported growth in profits in the fourth quarter, largely as a result of higher realized gains on the sales of residential securities.

Mortgage professional hiring and new job appointments for the week ending Feb. 26.

Understanding how consumers pay their debts over time is expected to widen access to credit for consumers recovering from financial problems or who were hard to score before. Just how many it will benefit is an open debate.

The U.S. Justice Department will decide in the next few months whether it will sue Moody's Corp. for allegedly inflating ratings on mortgage bonds at the heart of the 2008 financial meltdown.

Meaningful rules encouraging Fannie and Freddie to do more with manufactured housing would allow more lenders into the market and make pricing more competitive.

Mitsubishi UFJ Financial Group is building a U.S. mortgage-bond trading team as tough lending conditions in Japan spur the nation's biggest bank to expand overseas.

Bank of America on Monday will launch a 3% down payment home loan in partnership with Freddie Mac, but the bank will not retain any risk if the loans default. That’s because it will immediately will sell the loans and servicing rights to Self-Help Federal Credit Union, a Durham, N.C., community development lender that's on a mission to put more low- and moderate-income families into homes of their own.

NMI Holdings should become profitable for the first time in the second half of 2016 as its insurance-in-force is expected to go over $21 billion.

Fannie Mae's net income fell 23% to $11 billion in 2015 from a year earlier despite benefiting from higher purchases of single-family and multifamily loans, the government-sponsored enterprise said Friday.

Federal Housing Finance Agency Director Mel Watt stopped short of calling for Treasury to recapitalize the government-sponsored enterprises, but said "something needs to be done" before they run out of capital.

Mortgage servicers are actively discussing with regulators how current rules could be streamlined, and future rules could be shaped, to minimize costs and hassles.

Freddie Mac on Thursday reported strong fourth quarter and year-end profits driven by a surge in demand for both home purchase and apartment loans.

The cost of capital and regulatory compliance has convinced the top four banks that making home loans to American families is not worth the risk.

Investors continue to demand additional yield for exposure to defaults on loans insured by the Fannie Mae.

Fannie and Freddie have been selling pools of delinquent mortgages at auction to the highest bidders. Community groups say the Federal Housing Finance Agency should be giving preferential treatment to nonprofits and community development financial institutions.

Mortgage professional hiring and new job appointments for the week ending Feb. 12.

The Federal Housing Administration will continue to charge borrowers an annual premium over the entire life of the loan, rejecting calls from some housing advocates to change how it’s calculated.