Investments
Latest JPMorgan Chase RMBS deal carries geographical risk
Mega bank JPMorgan Chase issued its second private-label residential mortgage-backed securities deal of the year, with high geographic concentration as the primary risk posted within the deal. The geographic concentration of the pool is high, with a significant exposure to assets located in... Read More

Featured News

OIG urges for GSE reform to determine best course of action for housing
Initially, the Federal Housing Finance Agency understood the conservatorships of the enterprises to be more of a temporary time out to stabilize the mortgage market. However, five years later, Fannie Mae and Freddie Mac... Read More
Census Bureau: New home sales ascend
New home sales ascended in April, rising to 454,000 homes sold. New single-family home sales inched up 2.3% in April, above the revised March rate of 444,000. April sales are up a dramatic 20% from the year-ago estimate... Read More
Fixed-mortgage rates continue to rise: Freddie Mac
Fixed-mortgage rates jumped for the third consecutive week, which should further aid home sales and construction in coming weeks, Freddie Mac said in a report Thursday. The 30-year, fixed-rate mortgage settled at 3.59... Read More