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The purchases will remain divided between $40 billion a month of mortgage-backed securities and $45 billion a month of Treasury securities.
March 20 -
JPMorgan is returning to the private label residential mortgage-backed securities market and EverBank has entered it, according to presale reports from Fitch.
March 20 -
When it comes to hiring, like most things, its not just who you know but also what you know that makes you successful.
March 20
STRATMOR Group -
A client was told that his loan could not be sold on the secondary market to Fannie Mae or Freddie Mac.
March 20 -
The average FICO dropped from 749 in January 2013 to 745 in February 2013, the lowest point since May 2012.
March 20 -
Recent data suggest legislators may have to start considering the pros and cons of expanding the Home Affordable Refinance Program so it includes private-label loans.
March 20 -
Cornerstone Group Development Corporation has agreed to pay millions in damages and to provide Fair Housing Act compliance training to its employees.
March 20 -
A Senate budget resolution to reduce government spending over the next 10 years extends a 10 basis point fee on Fannie Mae and Freddie Mac loans for another two years.
March 20 -
The level of home equity held by America’s senior citizens is now at the highest level since the second quarter of 2009, a beneficiary of the recovery in the housing market.
March 20 -
Deutsche Bank and Bank of America Merrill Lynch will issue $710 million of CMBS notes backed by the fee interest in Worldwide Plaza, a 47-story office tower located at 825 Eighth Avenue in New York City.
March 20 -
The Federal Housing Administration single-family program is experiencing heavy prepayments, but more than half of the borrowers are refinancing back into FHA loans.
March 20 -
The Refinance Index decreased 8% from the previous week, while the seasonally adjusted Purchase Index decreased 4%.
March 20 -
Credit Suisse Group AG, Switzerland’s second-biggest bank, was sued by a clearinghouse for German cooperative banks over $138 million in residential mortgage-backed securities.
March 20 -
Walter Investment Management Corp. executives who made headlines for aggressively pursuing large pools of mortgage servicing rights over the past few years plan to remain equally active.
March 19 -
Optimum has a little twist involving its celebrity endorser.
March 19
National Mortgage News -
Only five of the 17 Mortgage Industry Equity Composite member stocks closed higher on Tuesday.
March 19 -
U.S. agricultural banks increased farm and ranch lending by 13.9%, or $10 billion, in 2012.
March 19 -
Consumer credit quality remains healthy through the end of February as all rate categories tracked by S&P/Experian decreased on an annual basis.
March 19 -
The decline in fourth-quarter income was due to fair value adjustments on loans held for sale plus the severance payment to its former CEO.
March 19 -
Could opting out of receiving credit card solicitations increase someone’s credit score?
March 19





