Finance

A revival of U.S. issuance of mortgage bonds not guaranteed by the government is being stymied by the Federal Reserve’s debate over when to reduce record stimulus.

American International Group’s mortgage insurer, whose biggest rival is a U.S. agency, is wooing borrowers with the prospect that they’ll avoid delays tied to the partial government shutdown.

One issue at the American Credit Union Mortgage Association's recent annual conference in Las Vegas seemed especially relevant: When it comes to mortgages, where do credit unions go from here?

As interest rates continue to rise, the mortgage refinance landscape has been severely altered.

Conventional prepayment speeds are roughly 25% slower and Ginnie Mae speeds are down 17% to 19% from the previous month, but this trend could reverse in October.

Fannie Mae’s inaugural risk transfer transaction is in the pipeline, according to Fitch Ratings, which has issued a presale report on it.

LendTrade is like a Match.com designed to help forge links between people looking to buy and/or sell loans combined with LinkedIn.

Prudential Financial, TIAA-CREF and Northwestern Mutual Co. joined to provide $850 million in financing to Tysons Corner Center as life insurers add to bets on commercial real estate.

Fidelity National Financial fell for a fourth straight day as Fitch Ratings said that the partial U.S. government shutdown stands to hurt title insurers because it could harm housing.

Sen. Bob Corker said he would resist attempts to weaken a 10% private capital requirement for the GSEs in his bill.

Springleaf plans to issue another subprime residential mortgage-backed securities deal, its third so far this year.

Ginnie Mae funds on average during the third quarter of this year generated a 0.69% cumulative total return.

Essent Group added Wells Fargo., its largest customer, to the group of underwriters for an initial public offering.

The Community Mortgage Lenders of America is urging Senate Banking Committee leaders to beware of “too big to fail” banks in crafting a GSE reform bill.

The loan is secured by the borrower’s fee interest in a Midtown Manhattan office building.

Starting in 2014, the Federal Home Loan Bank of San Francisco will purchase mortgages for its own portfolio using the MPF Original and MPF Government products.

The Freddie Mac survey’s weekly average for fixed mortgage rates dropped a bit for the third week in a row as the federal government shutdown rocked consumer confidence.

Mortgage REITs plunged 17% since May 14 as government-backed mortgage bonds endured the longest monthly losing streak since 1999.

Wintrust Financial in Chicago has struck a deal to expand its mortgage business to Southern California.

As a rule transfers of mortgage servicing rights from one servicer to another do not have a negative impact on mortgage-backed securities ratings, but MSRs still make some insiders nervous.