Items Tagged with 'Two Harbors Investment'

ARTICLES

  • Mortgage REIT merger: Two Harbors acquiring CYS Investments

    Companies plot expansion into agency RMBS
    Nearly two years ago, Two Harbors Investment Corp., a mortgage REIT, shuttered its mortgage securitization business, wherein the company bought jumbo mortgages and securitized them. And now, the company is preparing to expand its agency RMBS business by acquiring CYS Investments, a fellow mortgage REIT that specializes in investing in agency RMBS backed by fixed-rate single-family residential mortgage loans, adjustable-rate mortgages and hybrid ARMs.
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  • Two Harbors bailing on jumbo bonds already impacting mortgage market

    Ripple effect already takes down one jumbo originator, for now
    Two Harbors Investment Corp. shocked the mortgage industry Thursday when it announced that it planned to shutter its mortgage loan conduit and securitization business. But what about the loan originators that turned to Two Harbors to buy jumbo loans? What happens to them now that there’s one less buyer and securitizer of jumbo mortgages in the market?
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  • Two Harbors gives up securitization business

    Also abandons mortgage loan conduit business
    Once a prominent feature of the secondary mortgage market, prime jumbo residential-mortgage backed securities fell out of favor in the aftermath of the housing crisis. While the post-crisis figures paled in comparison to the pre-crisis days, there are still a number of companies actively issuing prime jumbo RMBS deals. But now, there’s one less.
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  • HW 30 dips in wake of housing reports

    Trulia Economist: The recovery is not a straight line
    As is the trend with housing reports lately, housing stocks saw strong fluctuation on Thursday on the HW 30 index. The index as a whole dipped a very slight 0.03%.
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  • Homebuilder and mREIT stocks nosedive

    The overall HW 30 index declined a bit during trading
    Much to the shock of Wall Street junkies and analysts, homebuilder stocks and mREITS took a 180-degree turn Thursday, falling substantially after shooting up just a day earlier.
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  • mREITs a mixed bag in Monday trading

    HW 30 improves overall after Summers drops out of Fed chief race
    Monday was a solid day for the HW 30 index — HousingWire’s exclusive index of stocks impacting the housing economy — which rose a modest 0.89% by market close. In comparison, the Nasdaq closed down 0.12%, while the S&P 500 was up 0.57% by the end of trading.
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