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Amherst Securities is advising investors to be overweight on MBS, telling them that prepayment speeds are not really a factor – despite ultra low mortgage rates.
November 9 -
The White House wants the Federal Housing Administration to enter the business of co-insuring small loans to finance energy-saving home improvements.
November 9 -
Radian Group Inc. on Tuesday increased the size of its convertible senior note offering to $400 million, a $50 million hike from its initial plan.
November 9 -
The 'Robo-gate' scandal doesn't appear to be having much of an impact on the foreclosure market in California, according to ForeclosureRadar chief Sean O'Toole.
November 9 -
Home values across the U.S. fell 0.2% in the third quarter, signaling more trouble ahead for the mortgage and housing industries, according to the latest House Price Index from Integrated Asset Services.
November 9 -
The performance of loan modifications completed by Fannie Mae servicers took a step up in the fourth quarter of 2009 as the government's HAMP program finally started to kick in.
November 9 -
National City's warehouse lending chief Paul Best has landed a job with People's United Bank of Connecticut, one of the largest thrifts in the Northeast.
November 9 -
The Federal Deposit Insurance Corp. is abandoning its current assessment system of charging premiums based on an insured-institution's deposits, moving toward a system based on asset size.
November 9 -
The foreclosure document debacle, a huge embarrassment and liability for mortgage servicers, could soon also ensnare the banks that act as trustees for securitizations.
November 9 -
The world of mortgage servicing rights is about to get a whole lot more interesting—and not just because the Basel III accord caps MSRs at 10% of Tier I capital. No, that’s the just the beginning.
November 9