Capital markets

A Congressional Budget Office report updating one from four years ago finds 60% of its 250 scenarios will result in the Treasury getting fully repaid, up from 12%.

Monetary policy officials greenlighted a 25 basis-point federal funds cut but mixed economic signals dimmed hopes for more affordable home financing costs.

Releasing Fannie Mae and Freddie Mac from conservatorship without legislation is very high risk for the shareholders, writes the chairman of Whalen Global Advisors.

Depending on how far rates fall, loan officers could be on the hook for a significant part of their compensation if borrowers refinance in an expedited period.

Nonagency issuances are expected to increase 85% for this year over 2023, and rise another 36% in 2025, the second best since the financial crisis.

Bon Salle has more than 30 years of experience in areas that include the mortgage capital markets, and has served on the board at industry fintech Polly.

Unlike some recent RMBS deals, both exclude riskier interest-only loans and those supporting investment properties.

President-elect Trump's victory comes with the support of a Republican Congress. Also in November, many states voted on local property tax matters.

The distressed loan sales strategy has been in test mode since 2002. A rise in owner-occupant transactions may have made it more compelling.

The proposal is one of several that aims to address difficulties managing early buyouts from mortgage-backed securities pools.