MBS RECAP: Strangely Volatile Session Leaves Bond Markets Unchanged
By Matthew Graham Posted To: MBS Commentary With 10yr yields less than half a bp lower and Fannie 3.5s and 3.0s a mere 1 tick…
Day: December 11, 2014
Fannie Mae Announces Risk Transfer Deal to Increase Role of Private Capital in Mortgage Market
By Brian Honea Fannie Mae has expanded its risk sharing offerings with Wednesday’s announcement of the credit insurance risk transfer (CIRT) deal, which transfers the…
FHA Acting Chief Criticizes Government Spending Plan
By Brian Honea A $1.1 trillion congressional spending bill proposed this week may avoid another government shutdown, but officials at the Federal Housing Administration (FHA)…
Mortgage Rates Hold Ground at 18-Month Lows
By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates didn’t move much today, depending on the lender. Lenders that reissued improved rate sheets yesterday…
F.N.B. Names New Chief Consumer Credit Officer
By Tory Barringer F.N.B. Corporation, a diversified financial services company with headquarters in Pittsburgh, announced the appointment of Steve A. Ek as chief consumer credit…
FHA Acting Commissioner Expresses Disappointment in Congressional Spending Plan
By Brian Honea A $1.1 trillion congressional spending bill proposed on Thursday may avoid another government shutdown, but Biniam Gebre, acting commissioner of the Federal…
Economists: Housing Biggest Disappointment of 2014
By Tory Barringer In a survey of 45 economists conducted by the Wall Street Journal, the panel largely agreed that throughout all of 2014, housing…
New Credit Accessibility Measure Weighs Lender Risk
By Jann Swanson Posted To: MND NewsWire The Housing Finance Policy Center, part of the Urban Institute, has released a new measure of credit availability…