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The bank's broader challenges, which include a run on deposits and difficulty selling loans without realizing losses, could affect the rating agency's assessment of its servicing.
March 24 -
The agency, which oversees government-related investors that set underwriting parameters in the U.S. mortgage market, estimates the process will begin in 2024.
March 23 -
Excess returns on the bonds, which compares mortgage backed security performance to Treasuries, are -0.94% for March, on track for the worst relative performance since September.
March 22 -
The government-sponsored enterprise took the next step towards allowing lenders to implement its property valuation modernization plans.
March 21 -
The government-backed acquisition heads off regulatory and financial concerns at a Swiss bank that could have affected overseas financial institutions that U.S. lenders count on.
March 20 -
Imbalances linked to affordability and interest rate volatility are challenging the mortgage market. Here's how they may be resolved.
March 20 -
Institutions can borrow against par-valued securities that they would otherwise have to sell at a loss when there's a run on deposits, and it could have effectiveness beyond its actual usage.
March 19 -
The new fees based on the DTI, which lenders have said is too likely to vary throughout the origination process for a single loan, will now go into effect in August.
March 15 -
Mortgage-backed securities aren't generally considered risky assets, but how SVB managed them contributed to its woes.
March 13 -
The REIT failed to post profits in any quarter last year, as the mortgage industry encountered a steep originations slowdown.
March 9