Capital markets

Residential originations may have fallen by more than 10% last year, but don’t tell that to community banks that rely on Mortgage Solutions, a subsidiary of the American Bankers Association.

Ginnie Mae wants to provide more loan-level data to its MBS investors so they can determine if the underlying mortgages were originated through a mortgage broker or some other third-party channel.

Redwood Trust Inc., the nation’s only active securitizer of jumbo residential loans, posted stellar earnings of $30 million in the first quarter, a 66% jump from the same period a year ago.

Nonbank trade groups are calling on the Consumer Financial Protection Bureau to narrow the definitions it will use to determine which nonbanks will be subject to federal supervision.

The New York Federal Reserve has initiated a competitive bid in response to reverse inquiries for the holdings in two mortgage-related Triaxx collateralized debt obligations in the Maiden Lane III portfolio.

Annaly Capital Management Inc.generated a GAAP gain over the previous and year-ago quarters, and relatively stable earnings outside of unrealized gains or losses on financial instruments.

First-quarter surveillance of U.S. commercial mortgage-backed securities and commercial real estate collateralized debt obligations suggest slow growth for CRE property markets this year.

PennyMac Mortgage Investment Trust earned $19.1 million in the first quarter, a slight decline from the prior period.

It’s not easy being president. Just ask George W. Bush or Jimmy Carter. As for the current inhabitant of the White House, he was a bit late to the game when it came to tackling the housing and mortgage crisis. He wants to fix the housing/mortgage mess and he controls (sort of) three entities that can aid in that recovery: Fannie Mae, Freddie Mac and HUD/FHA

House Republicans are wading back into the debate over whether to allow principal reductions on Fannie Mae and Freddie Mac mortgages.

Freddie Mac began purchasing HARP 2.0 loans in January and by the end of the first quarter had acquired $5 billion of these refis, according to the company’s first-quarter securities filing.

Housing and Urban Development Secretary Shaun Donovan will testify before Congress next Tuesday regarding efforts to allow more Americans to refinance their mortgages.

The government controlled Freddie Mac posted net 'comprehensive' income of $1.789 billion in the first quarter — but then had to turn around a pay the U.S. Treasury $1.8 billion in dividends, resulting in a small true loss for the quarter.

Gleacher & Co. Securities hired two veteran MBS traders who, respectively, worked for The Royal Bank of Scotland and Keefe, Bruyette & Woods.

The aggregate value of securitized commercial real estate loans priced by DebtX climbed to 87.3% at the end of March from 86.9% at the end of February.

The message at the 2012 Regional Conference of Mortgage Bankers Associations in Atlantic City from many of the speakers at the first residential lending general session and at a roundtable hosted by National Mortgage News/Origination News was there is a lot of uncertainty regarding the future direction of the industry. And that is because it is waiting on a definition of what will constitute a qualified mortgage. Yet, attendees at the show were upbeat that the worse times are behind them.

EverBank Financial Corp. paid $350 million for the warehouse lending business of MetLife Bank, according to an amended S-1 filing with the Securities and Exchange Commission.

Fannie Mae acquired $95.3 billion of mortgages from its seller/servicers in March, a stunning 53% jump from the month prior, and a performance a source close to the company attributed to recent guarantee fee hikes.

Loss severities on U.S. commercial mortgage-backed securities have reached 45%, according to Fitch, which said this is a point at which they could plateau.

Industry veteran Tony Renzi, who joined Freddie Mac last spring as part of a major organization at the GSE, has resigned from the company effective May 11, according to a new SEC filing.