Secondary markets

Four more Federal Home Loan Banks have won regulatory approval to participate in a program that allows member institutions to sell jumbo mortgage loans through a conduit to Redwood Trust.

Freddie Mac has begun an auction of delinquent nonperforming loans serviced by Ocwen Financial.

It was a small deal — about 220 U.S. home loans packaged into a $72 million bond offering — but it's looking like a post-crisis milestone.

Banks that sold faulty mortgage-backed securities right before the crisis have suffered a string of legal defeats over the timing of government lawsuits, but some experts believe the industry may still have a shot in the Supreme Court.

The Federal Housing Finance Agency is expected to issue a proposal soon that would require Fannie Mae and Freddie Mac to purchase manufactured housing loans from lenders.

Jones Lang LaSalle in Chicago has agreed to acquire Oak Grove Commercial Mortgage, to expand its debt-finance offerings.

New Residential Investment Corp., real estate investment trusts, residential mortgage bonds, mortgage servicing rights

Farmer Mac reported a higher second-quarter profit, citing an increase in the value of financial derivatives and hedged assets.

Freddie Mac has appointed Arbor Commercial Mortgage as its latest seniors housing lender, the Uniondale, N.Y.-based mortgage company said Monday.

Shellpoint Partners is preparing to issue its first private-label residential mortgage-backed security since walking away from its last deal in 2013.

PennyMac Mortgage Financial Services reported a rise in income on higher servicing and origination revenue.

Essent Guaranty did $7.23 billion of new insurance written in the second quarter, the second highest volume in the company's brief existence.

Consumers have soured on the housing market as more people hold a negative perspective regarding their personal finances and the overall economy, Fannie Mae reported in its July 2015 National Housing Survey.

United Guaranty Corp., the private mortgage insurance subsidiary of American International Group, has obtained reinsurance coverage on approximately $299 million of the book of business it wrote between 2009 and the first quarter of 2013.

Despite being introduced to the market with great fanfare, Fannie Mae's 3% down payment mortgage offering has yet to gain much traction with lenders and consumers.

NMI Holdings Inc., the parent company of National Mortgage Insurance, lost $10.4 million in the second quarter, compared with a $12.9 million loss one year prior.

Freddie Mac's second-quarter single-family funding was the strongest it's been in a year, positioning the company to supplant the coming drop in refinancing with purchase mortgages.

Ginnie Mae has updated the procedures manual used by the custodians of documents involved in mortgage-backed securities.

United Guaranty Corp.'s second-quarter pretax operating income fell 25% from a year ago due to a less favorable adjustment to its loan loss reserves.

Freddie Mac will send $3.9 billion to the Treasury Department next month after reporting second-quarter net income of $4.2 billion.