Walter Investment fined $29.6 million for False Claims Act violations

Walter Investment fined $29.6 million for False Claims Act violations

Subsidiaries allegedly submitted false reverse mortgage claims to HUD

The Wrap: Appraisal volume ticks down after two weeks up

New tips, tools and tricks of the trade

Dear Parents, don’t expect your homebuying Millennials to pay you back

loanDepot graph shows they can barely save for retirement

Items Tagged with 'mortgage bonds'


Ex-Fifth Third banker starts mortgage-bond hedge fund

Cincinnati Business Courier takes a look at Mariemont Capital
Meet Kevin Taylor. In 2013, he left his position running mortgage-backed securities trading desk at Fifth Third Bank to start Mariemont Capital. And according to a report from the Cincinnati Business Courier, Taylor is finding success investing in residential mortgage bonds and delivering big returns for his investors.
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Mortgage Partnership Finance issues first Ginnie Mae bond

Group of Federal Home Loan Banks launches $5 million security
The Mortgage Partnership Finance, a group of Federal Home Loan Banks, announced that it issued its first mortgage bond guaranteed by Ginnie Mae. The $5 million security is backed by mortgages originated by community lenders.
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Barclays to cease trading legacy mortgage bonds

Will focus on “making markets” in other non-agency mortgage bonds
Barclays intends to stop trading legacy mortgage bonds, leaving behind a $700 billion market, Bloomberg reported Wednesday. So where is Barclays taking its money? Click through to find out.
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