Mortgage rates recorded modest increases in the week ending March 15, according to Freddie Mac's survey.More specifically, 30-year fixed mortgage rates averaged 3.92% compared to 3.88% last week. Meanwhile, 15-year fixed moved up to 3.16% from 3.13%; 5/1 hybrid ARMs rose two basis points to 2.83%, while one-year ARMs "jumped" six basis points to 2.79%.Mortgage rates are likely to have moved up higher as the survey is done earlier in the week.
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PHH Mortgage Corp. has entered into a strategic relationship to provide private-label end-to-end mortgage origination services and loan servicing to HSBC Bank USA.
May 7 -
CoreLogic has a new property data and analytics offering that provides enhanced insight to investors participating in the new GSE/Federal Housing Finance Agency (FHFA) REO-to-rental program and other similar private programs.
May 7 -
It's no secret that Fannie Mae and Freddie Mac are actively engaged in risk-sharing partnerships tied to their multifamily programs, but money-wise it amounts to a hill of beans.
May 7 -
In their latest U.S. Fixed Income Markets Weekly publication, JPMorgan Securities analysts examined the impact on CMBS of the potential Dewey & Leboeuf bankruptcy.
May 7 -
Jules Kroll, a corporate investigations pioneer whose namesake firm once pursued hidden assets linked to dictators Saddam Hussein and Jean-Claude Duvalier, relishes the idea of chasing down the major bond rating agencies: Moody’s Investors Service, Standard & Poor’s and Fitch Ratings.
May 7
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Ginnie Mae wants to provide more loan-level data to its MBS investors so they can determine if the underlying mortgages were originated through a mortgage broker or some other third-party channel.
May 7 -
NXT Capital priced the senior, 'AAA'-rated tranche of a $308 million CLO at Libor plus 190 basis points, the middle market lender said Thursday.
May 4 -
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Redwood Trust, the nation’s only active securitizer of Jumbo residential loans, posted stellar earnings of $30 million in the first quarter, a 66% jump from the same period a year ago.
May 4 -
The Federal Reserve just released a paper titled The Federal Reserve’s Portfolio and its Effects on Mortgage Markets. To access the full paper, please click here.
May 4 -
Silvermine Capital has appointed BNY Mellon Corporate Trust as trustee, collateral administrator, paying agent and calculation agent for its $450 million CLO.
May 4 -
The New York Federal Reserve today has started a competitive bid process in response to several strong reverse inquiries for holdings in the two Triaxx CDOs in its Maiden Lane III portfolio (ML III).
May 4
