Secondary markets

Sen. Elizabeth Warren is withdrawing her support for a Republican bill that had been on the fast track to bar the Treasury Department from selling Fannie Mae and Freddie Mac preferred shares, according to a person familiar with the matter.

Mission Capital Advisors in New York has merged its mortgage services business with Global Financial Review Inc. in Englewood, Colo.

In the wake of an unprecedented U.S. housing bust that evolved into a global financial crisis, the business of bundling home loans that aren't backed by the American government into bonds that can be sold to investors has all but disappeared.

When the late-night television comedians joke about Fannie Mae and Freddie Mac — the two government-sponsored housing finance agencies that almost went belly-up during the housing crisis — you know they have reached the public consciousness.

A bulk Ginnie Mae servicing deal that an undisclosed seller will put up for bid soon is one of the largest transactions seen recently in the market.

Three former Nomura Holdings Inc. traders pleaded not guilty to charges that they defrauded investors by inflating the prices of mortgage-backed securities in the wake of the U.S. financial crisis.

Royal Bank of Scotland said it will return to selling interest-only mortgages after scrapping the riskier loans in the wake of the financial crisis.

Charles Hallac, the Wall Street veteran who got his start working with mortgage-backed securities on his way to becoming co-president of BlackRock Inc., has died after an almost four-year battle with cancer. He was 50 years old.

Texas Capital Bank in Dallas has created a correspondent aggregator channel to complement its existing warehouse lending program.

Three former Nomura Holdings Inc. traders were charged with defrauding investors by inflating the prices of mortgage-backed securities, the latest cases to come out of a U.S. crackdown on deceptive sales practices in the market for complex bonds.

The first Fannie Mae Home Purchase Sentiment Index fell 0.5 points to 80.8 in August from where it would have been in July.

Consulting firm The Collingwood Group has hired former Freddie Mac executive Paul Mullings.

Years after the great American housing bust, mortgages akin to the so-called liar loans — which were made without verifying people’s finances — are creeping back into the market.

Interest rates on fixed-rate mortgages rose this week as the stock market remained volatile, according to Freddie Mac.

New Jersey Community Capital in New Brunswick won a Fannie Mae auction of nonperforming loans.

The price of loans that underlie commercial mortgage-backed securities rose in July on a monthly basis, according to DebtX.

American Homes 4 Rent is sticking with a feature that reduces refinancing risk in its upcoming single-family rental securitization.

Credit unions are no longer the tiny cooperatives they were a generation ago.

A new battle is brewing between Fannie Mae and Freddie Mac as the government-sponsored enterprises set out to boost their purchases of low down payment loans.

Suncrest Bank is hoping that its team of experienced executives, combined with organic growth and acquisitions, will help more than double its assets in the next few years.