News

May 17, 2013 04:09 PM
Investors find private-label RMBS facing rep and warrants issues attractive

With settlements on representation and warranty violations in private-label residential mortgage-backed securitizations beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase.

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May 17, 2013 03:43 PM
Investors find private-label RMBS facing rep and warrants issues attractive

With settlements on representation and warranty violations in private-label residential mortgage-backed securitizations beginning to pick up momentum, investors are becoming more comfortable with pricing the potential recovery cash flow from a settlement or loan repurchase.

...

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May 17, 2013 11:09 AM
Flagstar CEO steps down, moves to his old position

Lender Flagstar Bancorp ($13.27 -0.03%) announced an executive shake-up this week.

The Michigan-based firm reported that its current...

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May 17, 2013 12:20 PM
Fed may cut Treasurys before ending MBS purchases

With inflation rates lingering just below 2% and unemployment still far away from the 6.5% goal, the Federal Reserve is set on buying more agency mortgage-backed securities and Treasurys past market projections, analysts claim.

However, when the time comes to begin...

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May 17, 2013 11:00 AM
Fed may cut Treasurys before ending MBS purchases

With inflation rates lingering just below 2% and unemployment still far away from the 6.5% goal, the Federal Reserve is set on buying more agency mortgage-backed securities and Treasurys past market projections, analysts claim.

However, when the time comes to begin...

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May 17, 2013 11:56 AM
Analyst says take advantage of dismal housing reports

In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...

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May 17, 2013 11:05 AM
Analyst says take advantage of dismal housing reports

In a recent homebuilding note, Jay McCanless, an analyst for Sterne Agee, encourages investors to take advantage of the weakness created by national housing reports. The analyst recommends buying Meritage Homes, D.R. Horton and The...

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May 17, 2013 09:37 AM
FHFA director nomination may be pushed to back burner

The IRS scandal brewing in Washington D.C. may prompt Senate Republicans to put Rep. Mel Watt’s nomination to lead the FHFA on the back burner for now, analysts with Compass Point Research & Trading said this week.

The firm, which follows housing and...

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May 17, 2013 09:47 AM
Bid list indicates first signs of GSE risk reduction

The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...

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May 17, 2013 09:33 AM
Bid list indicates first signs of GSE risk reduction

The Federal Housing Finance Agency plans to sell 5% of the illiquid portion of its retained portfolio assets by the end of the year,...

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May 16, 2013 02:13 PM
Freddie Mac: Housing is the juice of the recovery

Freddie Mac in its latest housing outlook made the claim that housing is the "juice" needed for the economic recovery to fully accelerate.

This is especially true when looking at the potential for building construction to spur economic...

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May 16, 2013 03:57 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

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May 16, 2013 04:21 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

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May 16, 2013 01:08 PM
FHA offers remedies for HECM program headache

Members of the House Financial Services Committee listened with an attentive ear to proposed cures for the Federal Housing Administration’s biggest headache: the reverse mortgage program.

As it stands now, the FHA may have to seek a first-time...

Read More
May 16, 2013 12:50 PM
California continues to gain steam

The California housing market continued to gain steam in April, with both home sales and prices experiencing strong increases due to high demand and tight inventory.

According to the latest data from the California Association of Realtors, the median price surpassed the $...

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