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Fannie Mae and Freddie Mac's stock were downgraded to "underperform" by KBW as they are currently priced above its expectations.
January 27 -
Bank of Montreal dismissed a managing director on its US mortgage-backed bond desk in connection with a regulatory probe into misleading marketing practices.
January 27 -
If the GSEs are privatized with only their current capital levels, respondents indicated risk premiums on MBS would widen by as much as 45 basis points or more.
January 24 -
Differences in state transfer taxes mean ancillary costs that borrowers pay for their mortgages can range from a couple thousands of dollars to five figures.
January 24 -
Equifax agreed to resolve allegations that it failed to conduct proper investigations of consumer disputes, ignored evidence and allowed previously deleted inaccuracies to be reinstated on credit reports. The credit reporting bureau also shared inaccurate credit scores and data about consumers with lenders.
January 17 -
The Federal Housing Administration has released its first non-draft update of guidance on which defects it's most concerned about and what to do about them.
January 9 -
A famous money management firm has identified key developments that previously posed challenges for agency mortgage-backed securities but are now strengthening the market.
January 7 -
Analysts agree recent changes to government agreements will end the Fannie Mae and Freddie Mac conservatorships, but it'll likely happen later rather than sooner.
January 6 -
Products belonging to Amynta Group's newly acquired Crum & Forster platform included coverage aimed at protecting mortgage loan portfolios from borrower default.
December 31 -
Only 5% of homeowners in designated disaster-assistance areas were required to hold flood insurance, according to the Federal Housing Finance Agency's dashboard.
December 27