News

Articles in "Investments"

April 22, 2013 11:32 AM
Redwood maps out geographically diverse RMBS deal

It’s like clockwork.

Real estate investment trust Redwood Trust is exceeding its monthly issuance goal, setting out with its sixth and most geographically...

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April 22, 2013 09:55 AM
Majority opinion: Reduce Treasuries first, hold fast on MBS

While the technical backdrop has improved for mortgage-backed securities, the vast majority of investors appear complacent with respect to the Federal Reserve’s exit from the market, said JPMorgan Chase in its latest survey.

About 75% of investors expect...

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April 22, 2013 09:48 AM
Majority opinion: Reduce Treasuries first, hold fast on MBS

While the technical backdrop has improved for mortgage-backed securities, the vast majority of investors appear complacent with respect to the Federal Reserve’s exit from the market, said JPMorgan Chase in its latest survey.

About 75% of investors expect...

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April 22, 2013 12:00 AM
Monday Morning Cup of Coffee: Insurers propose changes to securitization

HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues. 

The National Association of Insurance Commissioners recently proposed changes to its modeling process for insurance holdings of residential...

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April 21, 2013 12:44 PM
Monday Morning Cup of Coffee: Insurers propose changes to securitization

HousingWire's Monday Morning Cup of Coffee takes a look at news from the weekend, with more coverage on bigger issues. 

The National Association of Insurance Commissioners recently proposed changes to its modeling process for insurance holdings of residential...

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April 19, 2013 12:15 PM
AIG wins jurisdiction dispute in BofA RMBS suit

The Second Circuit Court of Appeals ruled in favor of American International Group, holding that the insurer’s $10 billion suit against Bank of America over mortgage losses belongs in state court, not federal court. 

The appeals court threw out a...

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April 19, 2013 10:52 AM
AIG wins jurisdiction dispute in BofA RMBS suit

The Second Circuit Court of Appeals ruled in favor of American International Group, holding that the insurer’s $10 billion suit against Bank of America over mortgage losses belongs in state court, not federal court. 

The appeals court threw out a...

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April 19, 2013 08:58 AM
First National securitizes property tax liens

First National Holdings, a purchaser and servicer of delinquent property tax liens, developed a novel way to increase liquidity. The company pooled delinquent property tax liens, primarily in Cook County, into an asset-backed securitization.

The deal is worth $87.5...

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April 19, 2013 08:52 AM
First National securitizes property tax liens

First National Holdings, a purchaser and servicer of delinquent property tax liens, developed a novel way to increase liquidity. The company pooled delinquent property tax liens, primarily in Cook County, into an asset-backed securitization.

The deal is worth $87.5...

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April 16, 2013 10:17 AM
Housing recovery energizes agency MBS issuance: JPMorgan Chase

The housing rebound underway is lifting home sales volume and prices, leading to a greater supply of agency mortgage-backed securities. 

Furthermore, thanks in part to a stronger housing recovery, the organic net growth of the agency market has exceeded market expectations so far...

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April 16, 2013 09:40 AM
Housing recovery energizes agency MBS issuance: JPMorgan Chase

The housing rebound underway is lifting home sales volume and prices, leading to a greater supply of agency mortgage-backed securities. 

Furthermore, thanks in part to a stronger housing recovery, the organic net growth of the agency market has exceeded market expectations so far...

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April 15, 2013 11:55 AM
HARP extension likely to keep QE3 afloat: BofAML

With the Home Affordable Refinance Program receiving an expiration date of 2015, the Federal Reserve’s agency mortgage-backed securities purchases are expected to last longer than the...

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April 15, 2013 11:18 AM
HARP extension likely to keep QE3 afloat: BofAML

With the Home Affordable Refinance Program receiving an expiration date of 2015, the Federal Reserve’s agency mortgage-backed securities purchases are expected to last longer than the...

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April 15, 2013 10:15 AM
Short sales drive RMBS losses lower: Fitch

An uptick in the use of short sales is slowing the decline of loss severities for residential mortgage-backed securities, according to Fitch Ratings.

The credit rating agency’s Loss Severity Index improved to 64.2% for the first quarter of 2013, down from 67.5% from the...

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April 15, 2013 09:13 AM
Short sales drive RMBS losses lower: Fitch

An uptick in the use of short sales is slowing the decline of loss severities for residential mortgage-backed securities, according to Fitch Ratings.

The credit rating agency’s Loss Severity Index improved to 64.2% for the first quarter of 2013, down from 67.5% from the...

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