Mortgage securities with US government backing offered their best returns to start a year since 2002 as the Federal Reserve drained supply from the market and then investors piled into the bonds because of their relative safety amid Europe’s sovereign crisis.
Agency mortgage bonds return most to start year since 2002
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Indiana senator explains his inquiries into reverse mortgages
Sen. Mike Braun offered insights into his recent letter to Ginnie Mae and the potential need for more scrutiny of the HECM and HMBS programs.