Secondary Market

Issuance of home equity conversion mortgage-backed securities (HMBS) rose to $1.2 billion in April 2018, according to a new report by New View Advisors, “a financial services firm advising clients on capital markets, product development and valuation, mergers and acquisitions, ...

Low inventory continues to price potential buyers out of the market. However, despite a year-over-year low in contract signings, many are still trying to buy.

Freddie Mac has released its latest Outlook, breaking down the state of the housing market in April 2018 and examining where things are likely to head over the next few years. The Outlook forecasts continual gradual growth through Q4 2019, ...

Home equity conversion mortgage-backed securities supply took a bit of a dive in March 2018, dropping by over $200 million month-over-month. That’s according to a new report by New View Advisors, “a financial services firm advising clients on capital markets, ...

According to the latest installment of Fitch’s U.S. RMBS servicer handbook, the American servicing landscape is undergoing significant shifts, much of it driven by merger and acquisition activity among servicers such as Mr. Cooper and Ocwen. 'Strategic positioning and M&A ...

NewView Advisors, LLC, a financial services firm based in New York, has released a new look at the state of HECM mortgage-backed securities for the first quarter of 2018. HECM is the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage ...

The British bank Barclays has reached a settlement with U.S. authorities over financial crisis-era transactions involving toxic residential mortgage-backed securities (RMBS) sold between 2005 and 2007. Under the terms of the settlement, Barclay’s agreed to pay $2 billion in civil ...

MountainView Financial Solutions, a Situs company and an advisor to the financial services industry, announced its role as the exclusive sale advisor for a pool of 1,667 first- and second-lien performing and non-performing loans with a total balance of $97.4 ...

Beginning on June 3, 2019, the GSEs will begin issuing a new common security known as the Uniform Mortgage-Backed Security (UMBS). The Federal Housing Finance Agency announced the change on Wednesday, revealing that the common securities will replace the Enterprises’ ...

According to a new report by Moody’s Investor Service, Freddie Mac loans refinanced under the Home Affordable Refinance Program will continue to outperform pre-crisis Freddie loans that did not enter the program, but will also continue to lag behind post-crisis ...