It has been slightly more than two years since the first single-family rental securitization closed. What has been driving the strong performances of SFR securitizations as of late?
Read More »Foreclosure Sales Are Way Down—But So Are Solutions
While the number of foreclosure sales is on a rapid pace of decline and is headed toward pre-crisis levels, data released by HOPE NOW on Monday shows that the number of non-foreclosure solutions is falling at almost the same rate.
Read More »Clayton Holdings Hires EVP of Sales & Marketing
Clayton Holdings LLC, recently announced the hiring of Mark Hughes as EVP of sales and marketing. The company provides of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry.
Read More »‘Too Big to Fail’ is in Fed’s Crosshairs
“Emergency lending is a critical tool that can be used in times of crisis to help mitigate extraordinary pressures in financial markets that would otherwise have severe adverse consequences for households, businesses, and the U.S. economy,” Fed Chairman Janet Yellen said.
Read More »Citi Investors Sue Bank for Billions Over Faulty RMBS
Did Citi deliberately ignore breaches in several billion dollars worth of residential mortgage-backed securities?
Read More »GSEs’ Maximum Conforming Loan Limits Will Remain Largely Unchanged for 2016
The FHFA has announced Fannie Mae's and Freddie Mac's maximum conforming loan limits for next year, and they will remain the same in most of the country. What areas will see an increase?
Read More »Credit Default Swap Market Has Fallen Dramatically Since the Crisis
What issues are both borrowers and investors currently facing in the credit default swap market? What can Congress do to revive the market?
Read More »Freddie Mac: ‘Vast Majority’ of Housing Markets Still Trying to Get Back to ‘Normal’
Freddie Mac's Multi-Indicator Market Index shows a slowly but surely stabilizing housing market overall nationwide. But one economist says many areas of the country are still struggling to return to their long-term benchmark normal levels.
Read More »Senator Sherrod Brown Presses Regulators to Protect Taxpayers from Banks’ Risk-Taking
The Democratic Senator from Ohio is urging the heads of the Federal Reserve, OCC, and FDIC to resist pressure from Wall Street banks to weaken the rules that require the banks to hold more capital.
Read More »HARP Refi Numbers Dwindling Despite FHFA’s Efforts
The Home Affordable Refinance Program (HARP) program was launched in 2009 to help homeowners save money on their monthly mortgage payments, but fewer and fewer eligible borrowers are taking advantage of it.
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