Investments

June 19, 2013
Nonagency RMBS activity hits highest point since housing heyday

In many ways, 2013 has marked a turning point for residential mortgage-backed securities. For starters, new issue...

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Father of securitization doubts easy return to private mortgage bonds

The current status quo of the mortgage finance system is not only unsustainable, but it’s unacceptable due to a variety of hiccups, including government dominance, said Lewis Ranieri, chairman and founding partner of Ranieri Partners.

Market challenges leave mREITs shaken

mREITs posted weak performance over May, with total returns the lowest since September 2011, according to the Royal Bank of Scotland. 

 

ReWired

FHFA tells Congress principal reduction choice is mathematical

"We concluded principal forgiveness results in a lower net present value than principal forbearance," the text continues. So at this point, there are no plans to remodel the Home Affordable Modification Program Principal Reduction Alternative.

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