Monday Morning Cup of Coffee: When will mortgage lending pick up?

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore

The Wrap: Appraisal activity continues to pick up in second week of August

Appraisal Foundation joins HousingWire
W S

Items Tagged with 'Private capital'

ARTICLES

Mortgage bond investors don’t trust lenders either

Bloomberg explores where the private capital went
It turns out that everyday people weren’t the only ones whose trust was broken by the crisis. According to a new report from Bloomberg, mortgage bond investors aren’t buying right now because they’re scared, too.
Read More

Freddie Mac doubles down on credit risk offload to insurers

Backstops remaining credit risk from three STACR deals
Freddie Mac has made its first move of the year as part of its continuing effort to limit the American taxpayer's liability. Freddie announced that has obtained a number of insurance polices designed to cover much of the remaining credit risk associated with three of its Structured Agency Credit Risk transactions from 2014.
Read More

Värde Partners to purchase Deephaven Mortgage

Will provide $300 million to invest in non-agency loans
Deephaven Mortgage and Värde Partners have announced that the two companies have entered into a purchase agreement, “under which certain affiliates of Värde will acquire Deephaven Mortgage,” the companies stated in a release.
Read More

SIFMA says FHFA must raise g-fees but carefully

Must strike balance protecting GSE MBS, bringing in private capital
Slow, steady and measured is how the Securities Industry and Financial Markets Association thinks the Federal Housing Finance Agency should approach raising Freddie Mac and Fannie Mae guarantee fees.
Read More

Treasury asks you how to revive “dormant” private label RMBS market

Pushes for return of private capital to ease credit crunch
U.S. Treasury Secretary Jacob Lew said that the Treasury is hoping to “foster the development of a safe and sustainable private market for mortgage lending that can serve alongside government-supported options,” by working with investors and securitizers to “uncover new paths to increase private investment.”
Read More

Obama administration reveals plan to jump-start housing

Extends HAMP to 2016, announces measures to attract private capital
Citing the lack of private capital in the market, the dearth of affordable rental options and the abundance of Americans who are facing foreclosure or are underwater on their mortgages, Treasury Secretary Jacob Lew announced three new plans to boost housing in the U.S.
Read More

Private capital is returning to the mortgage market

Shrinking spread between jumbo and conforming mortgages is a positive indicator
“We think that the decline in the jumbo-conforming mortgage interest rate spread is a positive sign for the future of the mortgage market,” Capital Economics Property Economist Paul Diggle said.
Read More
From HW Magazine

Don't call it a comeback -- because it's not

A real restart for private-label RMBS issuance faces a daunting set of obstacles
A financial industry publication recently reported, “Carrington Mortgage, Citadel Servicing and New Penn Financial are planning securitizations of newly originated subprime mortgages.” The publication went on to say in breathless tones that “[t]he offerings, on the slate for 2014, would confirm recent predictions that deals would soon start flowing in the asset class…”
Read More