Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Monday Morning Cup of Coffee: Is housing strong enough to weather rate hikes?

Plus the mortgage bond outlook, the NYT joins the GSE investor struggle, and more

Sources: Morris Schneider Wittstadt declaring bankruptcy, closing immediately

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Items Tagged with 'MBS'

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Monday Morning Cup of Coffee: Debate over disparate impact continues

Plus MBS investment outlook, g-fee increases for USDA mortgages, and more
Trey Garrison
It’s a short week with the Independence Day holiday, but it’s not short on news. The outlook for agency and non-agency MBS isn’t clear, USDA is raising the cost of guarantees on certain mortgages, and a slew of key housing metrics lie ahead. Want to know more?
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BAML: Agency MBS results mixed but Fannie, Freddie solid

Better performance for credit products all around in May
Trey Garrison
Total returns were mixed across securitized products in May, according to a client note from Bank of America/Merrill Lynch, with securitized credit products providing higher total returns.
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Moody’s: Falling delinquencies bolster single, multifamily HFA portfolios

Two reports show delinquencies down
Trey Garrison
Both single-family and multifamily portfolios securing housing finance agency bonds showed significant improvement in delinquency rates. Here’s why.
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Monday Morning Cup of Coffee: FHFA g-fee, PMI shift too much or too little?

Clouds on housing finance horizon; Zillow/Move fight gets personal
Trey Garrison
Things are looking rough for housing with a sluggish start to the spring buying season, and that trickles all the way up to the outlook for agency MBS. Plus, Move takes off the gloves in its ads, and the industry reacts to recent FHFA moves. Read on.
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Freddie Mac purchasing largest single-property loan

Financing $878M loan for Park La Brea complex in Los Angeles
Trey Garrison
Shortly after Fannie Mae announced it was entering new territory with a loan portfolio sale, Freddie Mac said Thursday that it has struck a deal to buy its largest single-property loan ever with the $878 million note. Here's how they broke new ground.
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Supreme Court revives ING mortgage bond lawsuit

Investor class action claims hidden risks in 2007 MBS offering
Trey Garrison
As it turns out, ING's risk exposure in the United States isn't yet finished. The Supreme Court of the United States revived a class action case accusing ING Groep NV of illegally hiding the risks of mortgage-backed securities.
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Monday Morning Cup of Coffee: Don’t fight Mother Nature or the Fed

The markets react to Federal Reserve, plus home sales, prices and more
Trey Garrison
Whether you’re talking the mortgage investment side with agency and non-agency mortgage bonds, or the housing side with mortgage lending and home sales – it’s like everything is frozen and you want to hold, rather than let it go.
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A Craigslist for mortgage bond traders?

Service still being tested
Brena Swanson
A new company is stepping up to the challenge to open new trading options for investors. Could this be a sustainable second option to The Street?
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Low oil prices a credit positive for most ABS sectors

Moody’s: Here’s how it will impact various sectors
Trey Garrison
The big drop in oil is having an impact on a lot of asset-backed securities, and here’s how it will affect mortgage-backed securities.
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Fannie, Freddie lobbyist played “big role” in NY AG’s mortgage finance investigation

New emails contradict earlier claims Cuomo adviser recused himself
Trey Garrison
And here’s why email transparency and record keeping matter: Newly discovered emails from 2007 and 2008 show a housing finance lobbyist had a hand in Andrew Cuomo’s mortgage finance investigations.
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