RMBS

Halifax has announced it will raise its standard variable rate (SVR) from 3.50% to 3.99% beginning May 1.

The recently unveiled HARP 2.0 initiative should be "fully" operational in late March or early April and is already exceeding expectations, according to Housing and Urban Development secretary Shaun Donovan.

What do the federal bureaucrats who run Fannie Mae and Freddie Mac know that private mortgage lenders don't?

The government's bulk sale initiative to turn foreclosed properties into rentals could be "counterproductive" in certain states, according to the National Association of Realtors (NAR)which is demanding the initiative be scaled back.

After a week of relative quietude via limited data and events that had many participants on vacation for the holiday-shortened week, headlines quickly heated back up to roil the mortgage market.

A federal judge has ordered the former CEO of Brookstreet Securities Corp. to pay a maximum $10 million penalty in a securities fraud case related to the financial crisis.

Recent revisions made to the Home Affordable Refinancing Program (HARP) appear to have sparked an increase in loan applications, raising hopes that more underwater mortgages could refinance.

Home Loan Servicing Solutions (HLSS) – an entity whose sole mission in life is to buy servicing rights from Ocwen Financial Corp. – finally went public this week, raising roughly $186 million in cash.

More details are highlighted on bond insurer MBIA's reported losses in the fourth quarter of 2011 from yesterday's article from ASR sister publication The Bond Buyer.