Trending Thursday: Banks make more on mortgages while government steals GSE profits?

Trending Thursday: Banks make more on mortgages while government steals GSE profits?

Yale legal scholars on #FannieGate; homeownership's 50-year low, bank highs and more

Here's how to handle electronic delivery of mortgage disclosures

So many aren't even ready for TRID

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale
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Items Tagged with 'Mortgage securities'

ARTICLES

Private mortgage bond market could stage a comeback

Treasury Secretary Jacob Lew expected to announce new initiative
The Treasury Department will launch an initiative to revive the market for mortgage securities without government backing, bringing together institutional investors and issuers of mortgage bonds to create guidelines for the new venture.
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FHFA reaches $280 million RMBS settlement with Barclays

RMBS settlement total now exceeds $16 billion
The FHFA, as conservator of Fannie Mae and Freddie Mac, settled with Barclays Bank PLC to the tune of $280 million. Per the terms of the settlement agreement, Barclays will pay $227 million to Freddie and $53 million to Freddie.
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Ocwen to settle CFPB, AG servicing investigation

To pay roughly $127.3M, offers $2B in consumer relief
Ocwen Financial Corp. agreed to offer $2 billion in consumer relief and to pay up to $127.3 million to settle a Consumer Financial Protection Bureau investigation into its servicing practices, according to one of the servicer’s recent securities filings.
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Buy a home before 2014

New rules, rising rates could mean fewer options
The year 2014 will be a type of test market for the mortgage industry, with the Federal Reserve expected to eventually taper its mortgage securities purchases. With that in mind, HomeFinder.com is advising potential buyers to look for their new homes before 2013 closes out.
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Private capital filling in where banks won't tread

As capital restrictions on banks mount along with new regulations spanning the mortgage securitization business, private capital is seeing an entrance opportunity. Barron's has a look at Seer Capital, one investor making waves in the securitized credit and bond markets, treading where banks won't -- or can't -- go.
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