Homes in the Las Vegas area sold at the fastest pace for an April in seven years due, in large, to investor and cash buying...
Lender Flagstar Bancorp is reportedly considering the sale of $70 billion in mortgage servicing rights. Bloomberg reported on...
In the Fed’s release of its minutes on April 3, four regional bank presidents said quantitative easing might be unnecessary, Bloomberg reported.
However, mortgage bond investors like Jason Callan, head of structured products at Columbia Management Investment Advisers, believe otherwise.
“Mortgages didn’t underperform in a truly meaningful fashion,” Callan said. “The likelihood of QE was modestly diminished, particularly in terms of the April meeting, but that doesn’t take it off the table for later.”
For more information, read the original Bloomberg report.
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