The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.
Expect big changes at New Vista Asset Management as the San Diego-based REO asset management firm shifts its focus from default services to originations.
The firm’s co-founder and CEO Gary Acosta told HousingWire change is definitely afoot with New Vista's executive team seeing the once hurried...Read More
A sizeable $8.7 billion nongency bid list for a structured-finance deal submitted by Lloyds Banking Group to various securities dealers is due out May 28, with the company looking to benefit from a recent rally in private-...Read More
The Troubled Asset Relief Program, which launched more than four years ago to stabilize both banks and the mortgage finance market, is costing the federal government less than initially expected.
The Congressional Budget...Read More
Now is an opportune time for long-duration investors to look at last cash flow collateralized mortgage obligations (CMOs) as a result of sizable selling and higher rates, analysts claim.
In general, long CMOs...Read More