RMBS

Freddie Mac reported 30-year fixed mortgage rates averaged 4.39% with an average 0.8 point for the week ending Aug. 4, down 16 basis points from last week.

BMO Financial Group today said that BMO Capital Corp. will be transferred to BMO Capital Partners, a new group under BMO Bank of Montreal's corporate finance division.

BNP Paribas launched its first index on triple-A rated, U.S. dollar-denominated covered bonds from issuers globally.

Russell filed on July 29 a registration statement with the Securities and Exchange Commission (SEC) for Russell Core Fixed Income ETF.

Annaly Capital Management, one of the largest mortgage investing REITs in the U.S., posted net earnings of $120.8 million in 2Q11, compared to a loss of $218.2 million in 2Q10.

Global financial firms are in danger of drowning in the ocean of uncertainty that floats between the rhetoric of the G-20 and the reality of international regulation.

A new U.K. RMBS was announced this week. The deal, which will be rated by Moody's Investors Service and Fitch Ratings, securitizes a pool of prime residential owner-occupied mortgages originated in the U.K. by Principality Building Society (PBS). This is the first residential owner-occupied passthrough RMBS transaction from PBS.

The raising of the debt ceiling helped rein in widening on the agency MBS front this week.

Home prices increased by just under 1% in June from the prior month, marking the third consecutive monthly increase, according to new figures compiled by CoreLogic, Santa Ana, Calif.

Mortgage applications rose 7.1% in the week ending July 29 with both purchase and refinancing activity higher.