Items Tagged with 'Mortgage securities'
To pay roughly $127.3M, offers $2B in consumer relief
December 19, 2013
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.Read More
Fail in their attempt to assert an 'affirmative defense'
December 18, 2013
Banks facing a mortgage securities lawsuit filed by the Federal Housing Finance Agency lost their chance to enact a defense that could limit their potential liability.Read More
New rules, rising rates could mean fewer options
December 13, 2013
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.Read More
November 25, 2013
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.Read More
September 24, 2013
Issuers are creating debt with features not witnessed since the pre-crisis days to revive the mortgage securities market.Read More
September 18, 2013
Yields on Fannie Mae and Freddie Mac mortgage securities fell to their lowest level in over a month after the Federal Reserve shocked the market by deciding not to cut back on its monthly purchases of Treasurys and mortgage backed securities.Read More