MSRs on Alt-A Loans Being Sold
Mortgage servicing rights on a portfolio of mostly Alt-A loans are on the market. A big share of the mortgages are secured by California properties.
Buyer Sought for Agency Mortgage Kickbacks
Agency mortgages that were kicked back by aggregators have come on the market for investors looking to purchase them at a discount.
Agency MSRs On the Market
Buyers looking to pick up mortgage servicing rights on more than $300 million in agency loans with a Michigan concentration can make bids on a new offering.
MSRs on Nearly $1 Billion in Agency Loans Offered
A pair of offerings have mortgage servicing rights up for auction on nearly $1 billion in agency loans with a concentration in New York and California.
GSE Refinances Sink to 12-Month Low
Refinances of mortgages backed by the government-sponsored enterprises plummeted to the lowest level during the past 12 months.
Over $1.6 Billion in GSE Loans Auctioned Off
An investment banking firm has won its bid to acquire more than $1.6 billion in reperforming government-sponsored enterprise mortgages.
Jumbo Mortgage Credit Conditions Significantly Ease
A sharp improvement in the availability of jumbo loans helped drive overall credit conditions in home financing to the loosest levels in nearly a decade.
FHA Changes Expected Before GSE Reform
While reform of the government-sponsored enterprises is expected by many, changes to the Federal Housing Administration are expected more quickly.
Monthly Agency Issuance Dragged Down by Freddie
A drop in securitizations at the Federal Home Loan Mortgage Corp. pulled agency issuance down on a month-over-month and year-over-year basis.
Fannie Biz Sinks, New Post-Crisis Low for Lates
Secondary activity at the Federal National Mortgage Association plunged to the lowest level in a year. Delinquency, meanwhile, reached another post-crisis low.