RMBS

Mortgage insurance companies are getting a long-awaited shot at expanding their business with Fannie Mae and Freddie Mac. But it's shaping up to be less lucrative than they had hoped.

Ditech Financial is returning to the securitization market to fund advances of principal and interest payments to mortgage bondholders.

In its new 2016-4 transaction, Towd is collateralizing 3,383 formerly troubled loans with a pool balance of $649.21 million into a nine-note structure. The pool includes 39% “dirty current” loans, or those which are paid up-to-date, but have had a recent delinquency or incomplete paystring.

J.P. Morgan Mortgage Trust (JPMMT) 2016-3 is a $395.4 million notes structure consisting of 553 loans for homes primarily in California and major cities like New York, Boston and Washington, D.C. Fitch has issued preliminary 'AAA' ratings to the senior notes.

Freddie Mac is taking advantage of favorable market conditions to tee up another offering of securities transferring the credit risk of residential mortgages that it insures.

It's shaping up to be a solid year in the U.S. housing sector. But beneath this calm surface, the U.S. mortgage industry is facing a crisis.

Fannie Mae obtained reinsurance on $14.4 billion of residential mortgage through its Credit insurance Risk Transfer program.

The expanding investor base for Connecticut Avenue Securities and Structured Agency Credit Risk notes is creating a kind of virtuous circle: as trading volume increases, banks are dedicating traders to the asset class

Early fears that Wall Street landlords might have trouble refinancing their holdings of large portfolios of single family rental homes have proven unfounded.

The pace of mortgage modifications picked up in the second quarter as a streamlined version of the U.S. government’s Home Affordable Mortgage Program (HAMP) started to produce results.