Rates have dropped 11 basis points over the past two weeks and are within six basis points of July's record low 3.49%.
-
Moody’s Investors Service said Monday that the damages from Hurricane Sandy will only impact bondholders of Combine Re Ltd Series 2012, a catastrophe bond that was underwritten by Swiss Reinsurance Co. in March 2012.
November 5 -
Nearly $700 billion of mortgage servicing rights — or 7.6% of the housing receivables marke — are in some stage of auction or sale.
November 5 -
Although trade group officials and certain lobbyists are hearing reports that the rule might be out before November’s end, others believe mid- to late December is more likely.
November 5 -
More than $1.5 billion in loans resolved pushes the delinquency rate to fall 30 basis points, it's largest drop in 14 months. Trepp is expecting this trend to continue in the upcoming months.
November 5 -
Freddie Mac said today that it expects its fifteenth multifamily CMBS from its K multifamily series of deals to price this week.
November 5
-
The market has been focusing on the U.S. Presidential elections since the results will affect outlooks for different key issues including the fiscal cliff, BofA Merrill analysts said.
November 5 -
MetLife Bank said late Friday it will sell its $70 billion residential servicing portfolio to JPMorgan Chase for an undisclosed sum.
November 5 -
In the wake of Hurricane Sandy, delinquency rates are expected to rise in RMBS deals.
November 5 -
Volume in MBS trading was at less than two-thirds of normal as a result of thinly staffed trading desks and the market shutdown.
November 2 -
According to Barclays, the recent Senior Loan Officer Opinion Survey highlighted the continued strength of consumer lending.
November 2 -
If loss estimates for Hurricane Sandy fall in the range of $5 billion to $10 billion that one catastrophe modeling firm, EQECAT has estimated; the storm is unlikely to jeopardize capital for major property and casualty insurance companies or reinsurance companies, said Moody’s Investors Service.
November 2 -
Citgroup Global Markets said that the number of RMBS delinquencies that eventually default resulting from Hurricane Sandy will mostly depend on how much damage will be covered by insurance.
November 2