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Managing portfolios for an influx of servicing rights investors helps mortgage companies augment revenue and keep rising costs and compliance risks in check.
June 19 -
Five Oaks Investment Corp. priced its follow-up 4 million common stock offering at $4.60 per share.
June 16 -
A former Nomura Holdings trader was found guilty of conspiring to lie to clients about mortgage-bond prices, while another was cleared of all charges in a verdict that highlights the challenge of policing fraud in the market.
June 15 -
Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.
June 14 -
A loan securitization launched by Mill City has the largest concentration of seasoned negative-amortization loans seen in a residential mortgage-backed securities deal since the financial crisis.
June 12 -
Federal Reserve officials surprised some onlookers by unveiling a rough plan for balance sheet runoff in the minutes for their May meeting.
June 12 -
American International Group Inc. could securitize through a unit it has previously used to buy jumbo loans.
June 6 -
MFA Financial launched a debut offering of bonds backed by rehabbed loans Monday; several other firms have begun aggregating residential mortgages in preparation for possible securitization.
June 5 -
Deutsche Bank has reached a $95 million settlement with Maryland stemming from the housing crisis that will funnel $80 million to provide new mortgages or mortgage relief to eligible consumers as well as help finance affordable housing.
June 2 -
DLJ Mortgage Capital, a subsidiary of Credit Suisse, is securitizing $91 million of loans insured by the Federal Housing Administration that were once delinquent but are now making timely payments.
May 30