Freddie Mac priced a $243.4 million securitization of seasoned residential mortgages Monday, returning to a market where older loans, including mortgages modified to help struggling borrowers, are repackaged for investors. The Seasoned Loans Structured Transaction...
Ginnie Mae is expanding access to its mortgage-backed securities program for certain USDA-backed rural apartment loans, raising the maximum eligible loan-to-cost ratio from 70% to 80% for qualifying Section 538 multifamily mortgages.The federal housing-finance agency...
Orchid Island Capital reported a $178.9 million third-quarter net loss after mortgage-backed securities and hedging positions suffered a combined $231.7 million in realized and unrealized losses. The results show how sharply the value of a leveraged mortgage...
Mortgage-backed securities investor ARMOUR Residential REIT recorded a $327 million third-quarter loss attributable to common shareholders as agency bond prices weakened during a sharp change in interest-rate expectations. Its reported economic return for the quarter,...
Fannie Mae is adding a new layer of credit-score information to its single-family mortgage-backed securities disclosures, giving investors more visibility into the models used to assess and price loans as the housing-finance system moves deeper into a multi-score...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
