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The bonds are tied to rights to collect mortgage payments, known as mortgage servicing rights, and it's only the second such deal that's non-recourse.
11h ago -
Multifamily debt held by all capital sources continues to grow at a faster pace than the overall commercial market, the Mortgage Bankers Association said.
March 18 -
Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each.
March 18 -
The good news in the Consumer Price Index report has not carried over to the 10-year Treasury yield and thus mortgage rates, Freddie Mac found.
March 13 -
Refinance activity was up 16% from the end of February while purchase applications rose mildly, on the strength of fading rates amid larger economic woes.
March 12 -
Tax liens have so-called super priority in repayments, even placing ahead of a previously filed mortgage.
March 11 -
For the first time in almost two years, mortgage products available for consumers are at a level established in 2012.
March 11 -
American lumber producers have alleged that the Canadian lumber system amounts to a subsidy — a charge Canadians deny — and the countries have fought over tariffs on those products for decades.
March 7 -
More than two-thirds of the counties most at risk of a housing downturn were concentrated in five states, according to a new report from Attom.
March 7 -
Independent monetary policymakers have resisted President Trump's call to lower financing costs but could find it harder to ignore employment losses.
March 7