Mar 11, 2013 10:24AM

Investors Shouldn't be Worried about FHFA's Plan to Merge GSEs -Report

Bank of America/Merrill Lynch (BAML) is cautioning its institutional investors against being unsettled by the announcement last week of development of a potential common securitization platform for Fannie Mae and Freddie Mac mortgage loans. In an Agency MBS Alert the Bank said that the decision by the Federal Housing Finance Agency (FHFA) to begin work on such a structure appears to have sparked investor fears about potential market disruptions but instead could be useful "in a wide variety of future...

Mar 11, 2013 1:29PM

Less Than 4 Percent of Lenders 'Acceptable' According To New Risk Assessment Tool

Risk profiling of mortgage license holders was one of the focuses of 2012 activity by the Multi-State Mortgage Committee (MMC) of the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators. The committee issued a report on Friday detailing its 2012 activities which also included participation in work leading up to the $25 billion National Mortgage Servicing Settlement. Committee Chairman Charlie Fields, Director of Non-Depository Entities at the North...

Micro News

9:23 AM:

No Free Lunches For Bond Market Bounce Back

11:52 AM:

Negative Reprice Risk Already Increasing, Depending On Lender

9:36 AM:

Fighting To Establish A Defensive Range Post-NFP Sell-Off

8:44 AM:

ECON: Nonfarm Payrolls Much Higher Than Expected

3:34 PM:

Several Negative Reprices Reported. Still holding Support

10:31 AM:

MBS Hit New Lows. Reprice Risk Already?

9:23 AM:

Bond Markets Significantly Weaker Following Claims/Draghi

8:45 AM:

ECON: Productivity Slightly Lower, Labor Costs Slightly Higher Than Expected

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Today's Comments


"I see $8,000+ seller credit if using the builders lender - that's not built into the price? You're a fool if you think for a second that it isn't..."

Jason Harris

"In our current regulatory environment, I am surprised the affiliate model has lasted this long. I don't see a long shelf life for practices as they..."

craig simons

"I certainly respect the risk and investment a builder makes - with very little certainty and assurance a transaction will close - but coercing buyers ..."

Today's Q&A

"deed versus no will"

"Starting A mortgage office?"

"reinstatement of title deed to my name"