RMBS

Bank of America Corp. CEO Brian Moynihan said the U.S. housing market will "bump along the bottom" in 2011, according to a Bloomberg report.

Freddie Mac purchased $49.7 billion of mortgages from its seller/servicers in December, its best purchase month of the year and a sign that loan production remained strong in the fourth quarter.

Wall Street trading floors are not known for decorum. But it is striking how often a particular profanity turns up in those internal e-mails that become public after markets crash.

Ally Financial, which controls the nation's fifth largest mortgage banking firm, plans to go public this year and is interviewing investment bankers for its initial public offering, according to sources familiar with the plan.Two underwriters that Ally has spoken with include JPMorgan Chase and Goldman Sachs.

Mortgage rates were higher in the week ending Jan. 27 following higher Treasury yields that responded to stronger economic data this week, said Freddie Mac Chief Economist Frank Nothaft.

Tight credit conditions, higher mortgage rates, and a big drop in refinancings will push residential originations below $1 trillion this year to levels not seen since 2000, according to economists at the Mortgage Bankers Association (MBA).

When the Federal Housing Finance Agency (FHFA) announced its interest last week in overhauling how servicers are paid, it didn't provide much in the way of public detail.

A new ruling from the Southern District Court of New York could have enough force to push a Michigan subprime securities lawsuit against Bear Stearns to trial, state officials said Wednesday.

Standard & Poor’s is considering whether Assured Guaranty’s credit is really 'AA-plus'. The credit-default swap market made that decision a while ago and its verdict is no.

Consumers bought just 321,000 homes in 2010, the lowest reading in almost half a century, according to preliminary figures released Wednesday morning by the Census Bureau and the Department of Housing and Urban Development (HUD).