Securitization

The Federal Housing Administration's recent determination that loans used to finance energy-efficient home improvements rank second in payment priority, behind mortgages, isn't the setback that it might seem to be.

What's it going to take to boost annual issuance of private-label RMBS roughly tenfold to $100 billion-$150 billion?

Freddie Mac has agreed to sell $1.1 billion of seriously delinquent nonperforming loans that had been serviced by Ocwen Financial.

Ginnie Mae is altering the guarantee fee structure for its Platinum program, decreasing the minimum amount needed to create a security.

Policies that seek to increase homeownership by extending more credit to homeowners are misguided, according to former Federal Housing Finance Agency chief Edward DeMarco.

U.S. mortgage securities, especially those with government backing, are being viewed as a haven for bond investors as they brace for the Federal Reserve to lift interest rates.

Equifax has agreed to provide Fannie Mae with anonymous, loan-level FICO credit scores as part of its monthly disclosure program.

American Homes 4 Rent has completed its second single-family rental securitization of the year.

Freddie Mac's next bond with exposure to actual losses on mortgages only features loans with loan-to-value ratios of over 80%.

Colony Mortgage, a real estate investment trust that specializes in "transitional," or improving property, is preparing its third securitization, according to Moody's Investors Service.

In the wake of an unprecedented U.S. housing bust that evolved into a global financial crisis, the business of bundling home loans that aren't backed by the American government into bonds that can be sold to investors has all but disappeared.

A bulk Ginnie Mae servicing deal that an undisclosed seller will put up for bid soon is one of the largest transactions seen recently in the market.

American International Group won a decision that narrowed the claims by six investment funds that opted out of a $970.5 million class-action settlement last year over allegations the insurer misled investors about its exposure to subprime mortgages.

Three former Nomura Holdings Inc. traders pleaded not guilty to charges that they defrauded investors by inflating the prices of mortgage-backed securities in the wake of the U.S. financial crisis.

Royal Bank of Scotland said it will return to selling interest-only mortgages after scrapping the riskier loans in the wake of the financial crisis.

Moody's Investors Service just flagged a risk in bonds backed by single-family rentals: there aren't enough special servicers.

Charles Hallac, the Wall Street veteran who got his start working with mortgage-backed securities on his way to becoming co-president of BlackRock Inc., has died after an almost four-year battle with cancer. He was 50 years old.

Three former Nomura Holdings Inc. traders were charged with defrauding investors by inflating the prices of mortgage-backed securities, the latest cases to come out of a U.S. crackdown on deceptive sales practices in the market for complex bonds.

Years after the great American housing bust, mortgages akin to the so-called liar loans — which were made without verifying people’s finances — are creeping back into the market.

About a fifth of the $163 million in credit Citi has earned under terms of the 2014 settlement would be considered extra credit. Citi can earn extra credit by doing things such as completing loan modifications early or reducing loan-to-value ratios below certain levels.