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Farm banks have enjoyed several years of robust loan volume, but declining farm income has them on guard for increases in delinquencies and more eager to use government-guarantee programs.
March 26 -
It's was anything but a winter wonderland for the housing market, according to a report by Freddie Mac.
March 25 -
The latest securitization of reperforming residential mortgages offers investors less protection against future losses than the previous deal, and has earned correspondingly lower safety scores from Fitch Ratings.
March 25 -
The leader of the Senate Banking Committee said he'd rather leave Fannie Mae and Freddie Mac in U.S. conservatorship than pass a bill that includes explicit government support for the housing market.
March 25 -
With mortgage giant Freddie Mac finding increased demand this week in the nascent market for its risk-sharing securities, competitor Fannie Mae said it was taking steps to draw more buyers for its own notes.
March 25 -
There are a lot of consumer, investor and regulatory complaints about how the nonbank servicing firm does business, but Morgan Stanley researchers offer reasons why certain investors and borrowers could benefit from sticking with Ocwen.
March 24 -
If you thought the subprime mortgage-backed security was an artifact of the past, think again. Nomura Holdings and Angel Oak Capital have a deal that may help revive the part of the market that went bust during the crisis. Their success could encourage more banks to dip their toes back into riskier mortgages.
March 24 -
Much like in 2014, a multitude of factors, including record snowfall across the country and the West Coast port strike, contributed to a sluggish start to the year economically.
March 24 -
Ocwen Financial Corp. agreed to sell servicing rights on a $25 billion portfolio of home loans and said it's out of compliance with New York Stock Exchange listing standards.
March 24 -
Ocwen Financial is fighting back against a group of large bondholders that have accused the Atlanta mortgage servicer of improper servicing practices and an alleged breach of trust.
March 23 -
Bank of New York Mellon is building out a new investment firm with the mortgage specialist Amherst Holdings. The move is its second major commitment to a fixed income-related fund this year.
March 23 -
Freddie Mac is selling more than $1 billion of soured U.S. home loans in its largest sale of the debt. Potential buyers are bidding on three pools of nonperforming loans, with unpaid principal balances of about $660 million, $249 million and $125 million.
March 20 -
Ocwen Financial has delayed filing its 2014 results and announced the sale of more servicing rights. The embattled Atlanta servicer was initially expected to report fourth-quarter and full-year results on Monday.
March 20 -
As the temperature have crept up, mortgage rates have gone down, making for a positive start to the spring home-buying season, according to the Freddie Mac Primary Mortgage Market Survey.
March 19 -
A U.S. District Court judge has dismissed a challenge to JPMorgan Chase's $13 billion settlement with the Justice Department.
March 19 -
The amount of commercial and multifamily mortgage debt outstanding grew during the fourth quarter at the highest rate seen since 2007, surpassing the record high posted in the previous quarter, according to figures released by the Mortgage Bankers Association.
March 18 -
Mortgage applications dropped for the second straight week as both purchase and refinance volume declined, according to data from the Mortgage Bankers Association.
March 18 -
Mortgage lender outlooks improved during the first quarter of 2015, according to a new sentiment survey from government sponsored enterprise Fannie Mae.
March 18 -
Freddie Mac will offer its first external 55-day participation certificate pass-through security, the government-sponsored enterprise announced Monday.
March 17 -
But derivatives that magnified their performance woes were the bigger culprit, according to a new book by investor Howard Hill, who created models for collateralized mortgage obligations before the meltdown.
March 17







