FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google
Investments / The Ticker

Subprime debt acceleration cautions investors

/ Print / Reprints /
| Share More
/ Text Size+

Investors from TCW Group Inc. to Metacapital Management are growing more cautious on the riskier tiers of U.S. mortgage bonds as a rally in subprime debt accelerates after gains of more than 41 percent last year.

Prices of senior securities tied to so-called option adjustable-rate mortgages that allow homeowners to pay less
interest than they owe rose last week to the highest levels since 2008, climbing to 69 cents on the dollar from 65 cents at the end of 2012 and 52 cents a year ago.

Source: Bloomberg
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus