Secondary markets

Genworth Financial, which last year delayed a planned initial public offering of its Australia mortgage insurer, said that the IPO will probably come in 2014, rather than this year.

Countrywide is alleged to have defrauded Fannie Mae and Freddie Mac out of more than $1 billion in mortgages.

Goldman Sachs Group, JPMorgan Chase and billionaire George Soros are poised for gains from a housing bet placed in the depths of the financial crisis.

MountainView Servicing Group is putting up for bid two Fannie Mae mortgage servicing rights portfolios with a total unpaid principal balance of $1.3 billion.

Interactive Mortgage Advisors, as exclusive broker for an unnamed seller, is putting up for bid $1.1 billion Ginnie Mae/Fannie Mae bulk residential mortgage servicing rights.

Home purchase loan applications are at their highest level since July, up 7% on a seasonally adjusted for the week ended Sept. 20.

We're hearing the re-emergence of some pre-crisis features in post-crisis jumbo securities is not necessarily a bad thing but investors should be aware of their risks.

A new Canada-only securities transaction collateralized by a co-ownership interest in a pool of residential property-secured lines of credit could prove to be a model for future deals of interest to U.S. investors.

The Structured Finance Industry Group has elected a new, 40-person permanent board.

Sen. Bob Corker, a co-author of legislation to overhaul the mortgage finance market, forcefully defended his proposal that private capital take at least 10% of the first loss on mortgage-backed securities.

Third-quarter earnings from builder Lennar Corp. show its mortgage-related operations were down compared to the same period last year, but its overall net earnings were up.

The company said its trading suspension order will remain in effect for the ten-business-day period ending Oct. 1 with shares eligible to resume trading on Oct. 2.

Fitch Ratings has assigned Bellwether Enterprise Real Estate Capital a commercial mortgage-backed securities primary servicer rating of CPS3+.

MFA Financial Inc. appointed William Gorin as chief executive officer of the company, effective Jan. 1, 2014.

A pickup in issuance of commercial mortgage-backed securities has yet to affect pricing, according to analysts at JPMorgan.

Richmond’s plan to keep homeowners out of foreclosure by seizing underwater mortgages through eminent domain is a credit negative.

The restitution may make the credit unions whole as separate settlements with their insurer, CUMIS Insurance Society, and Fannie Mae preceded it.

Issuers in the reviving market for U.S. mortgage securities are creating debt with features not seen since before the financial crisis that can increase risks for certain investors.

Interactive Mortgage Advisors is offering to qualifying buyers on behalf of an unnamed seller another package of mortgage servicing rights.