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Freddie Mac won't make a dividend payment to the Treasury Department after declining interest rates and widening spreads on investments triggered a $354 million first-quarter loss for the mortgage finance giant.
May 3 -
A federal judge approved Goldman Sachs Group's $272 million settlement with investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities.
May 2 -
A downturn in origination volume, offset in part by improved gain-on-sale margins, has led to a slump in mortgage banking revenue, according to Keefe, Bruyette & Woods.
May 2 -
Servicing rights are high-yielding assets, making them attractive investments for hedge funds, real estate investment trusts and banks.
May 2 -
Freddie Mac is marketing its 20th offering of Structured Agency Credit Risk notes offloading exposure to defaults on residential mortgages that it insures.
April 29 -
The House passed a bill Thursday that would authorize state insurance commissioners to approve flood insurance policies for Fannie Mae, Freddie Mac and other federally backed mortgages.
April 28 -
For banks looking to enter or expand their mortgage servicing rights business, there is a pressing question: Are the best years for MSRs behind us or do current market conditions offer a favorable risk/reward opportunity?
April 28
Houlihan Lokey -
Arch Capital had a 77% increase in the mortgage insurance segment's operating income, and its U.S. unit saw its new insurance written increase by 34%.
April 28 -
Mortgage rates hitched a ride with rising Treasury yields this week, according to Freddie Mac.
April 28 -
The Federal Home Loan Bank of San Francisco has selected Greg Seibly to be its new president and chief executive starting May 12. He will take over from Dean Schultz who is retiring after 25 years at the helm of the bank.
April 27




