RMBS

This week's primary influencing factor on trading was Friday's address by the Federal Reserve chairman at the annual Jackson Hole Economic Policy Symposium.

loanDepot.com said today that it has securitized its first pools of mortgage loans guaranteed by Freddie Mac and Ginnie Mae.

Last month two bidders were eyeing Freddie Mac mortgage servicing rights once owned by Taylor, Bean & Whitaker. But it appears the sale may have stalled.

Waypoint Homes has begun purchasing REO single family homes in the Atlanta area with the intent of converting the properties into rentals.

Kevin Cooke Jr. has joined Carrington as managing director.

mortgage rates turned lower in the week ending August 30 as yields rallied last week in response to the FOMC minutes.

The agency’s proposal exempts small servicers from just one of the nine categories in the proposal.

U.S. District Judge Sidney Stein in Manhattan today granted preliminary approval to the agreement and ordered a hearing for Jan. 15.

The payment relief includes the offering of principal reductions to 28,000 borrowers and the refinancing of underwater loans.