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TD Bank has appointed two senior executives to help expand its operations in the real estate mortgage market.
Read More »Cold Weather Means Rental Market Bargains for Investors
For investors looking to find bargains in the single-family rental (SFR) market, winter is here … and that’s a good thing. According to a study by HomeUnion, an online real estate investment and management firm, the off-peak winter period can ...
Read More »Smaller Banks Picked up RMBS Slack in Q3
The third quarter of 2017 saw many of the larger bank servicers scaling back their portfolios of residential mortgage-backed securities (RMBS), while smaller regional banks and non-bank servicers moved to seize the opportunity, as reported by Fitch Ratings’ latest RMBS ...
Read More »Freddie Mac Expands Credit Risk Transfer Program
Freddie Mac recently announced the expansion of its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation (AFRM), a front end credit risk transfer offering. This latest credit risk transfer (CRT) offering enables Freddie Mac to transfer mortgage credit ...
Read More »FHA Reverse Mortgage MBS Issuances Surged in Q4 2017
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 2017. HECM is the Federal Housing Administration’s (FHA) Home Equity Conversion Mortgage reverse mortgage program, which ...
Read More »Moody’s Grants Provisional Rating to J.P. Morgan Prime RMBS
The certificates involved are backed by nearly 1,500 30-year fixed-rate mortgage loans, totaling a balance of $883,819,918.
Read More »First American to Acquire Bank of America’s Lien Release Business
The acquisition will complement and enhance First American’s existing best-in-class lien release business and will include agreement to continue to provide lien release services to Bank of America.
Read More »CoreVest Announces Inaugural Deal with Freddie Mac
CoreVest, the lender to residential real estate investors, announced that it has recently been approved under a pilot program with Freddie Mac to provide enhanced liquidity in the single-family rental (SFR) market. The pilot is expected to expand financing options ...
Read More »Fannie Mae Leaders Named in “Most Powerful” List
Fannie Mae’s Jeffery Hayward, EVP and Head of Multifamily, and Kimberly Johnson, EVP and Chief Risk Officer, have been listed among Black Enterprise’s “Most Powerful Executives in Corporate America” for 2017. The annual list identifies 300 prominent African-American executives from the ...
Read More »Steady 2018 RMBS Market Still Holds Risks
As companies start to issue more transactions in the new year, a new report takes a look at how the RMBS market will continue to perform.
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