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Ginnie Mae's stress testing model was based on large issuers, and does not appear to adequately reflect important qualitative differences between larger and smaller issuers.
October 1Hallmark Home Mortgage -
The recent run of lower interest rates may bode well for today's commercial mortgage-backed securities, unless it's undermined by an increase in leverage, according to Fitch Ratings.
September 25 -
The Federal Housing Finance Agency is ending a Freddie Mac pilot that posed a competitive threat to the private market for mortgage servicing rights financing.
September 19 -
The spike in overnight repurchase agreements may prompt the Federal Reserve to expand its balance sheet.
September 18 -
Freddie Mac is partnering with Finicity to give lenders access to a new automated process that advances efforts to consolidate borrower-authorized data validation checks used in the secondary market underwriting process.
September 18 -
A mortgage industry executive with ties to a firm penalized in a U.S. predatory lending crackdown is being considered by the Trump administration to run Ginnie Mae, according to people familiar with the matter.
September 17 -
A mere 7-basis-point increase in interest rates reduced what was a record-high number of borrowers with refinancing incentive by 2 million in a matter of days, according to Black Knight.
September 13 -
Independent mortgage bankers reported their highest average profit per loan originated in almost three years, benefiting from a large drop in production expenses, the Mortgage Bankers Association said.
August 29 -
Mortgage-backed securities investors are looking to the specified pool market to counter higher prepayment speeds seen with loans purchased through the TBA window.
August 9 -
Mortgages auctioned off through a HUD distressed loan sale program perform worse than those unsold and are more likely to result in foreclosure, according to a new Government Accountability Office report.
August 2