Analyst Forecasts Improvements for RMBS in 2015
By Tory Barringer The upcoming year is expected to bring continuing improvements in the market for residential mortgage-backed securities (RMBS), according to one forecast. The…
Day: December 16, 2014
Chase Claims $2.2B Toward Consumer Relief Requirement
By Brian Honea The internal review group for New York-based megabank asserted in the third Chase Consumer Relief Update, compiled by monitor Joseph A. Smith…
Bank Claims $2.2 Billion in Consumer Relief Toward Settlement Requirement
By Brian Honea JPMorgan Chase reported that it has earned more than half of the consumer relief credit required in just one year as part…
2015 Looks Bright for RMBS Market
By Tory Barringer In its predictions for 2015, Moody’s says stronger underwriting standards, third-party reviews, and the implementation of risk retention rules will all bolster…
MBS RECAP: Hungry Bond Rally Finds More to Eat
By Matthew Graham Posted To: MBS Commentary As Fannie 3.5 MBS pushed over 104 and 10yr yields moved down toward 2%, it became increasingly clear…
Report: Mortgage Loan Delinquencies, Write-Offs Way Down
By Brian Honea Last week, TransUnion predicted that the steadily declining number of mortgage loan delinquencies in the U.S. would fall to below pre-recession levels…
Mortgage Rates Back to Pre-Taper-Tantrum Levels
By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates fell decisively today, bringing some lenders back in line with rate sheets seen on May…
Settlement Monitor Finds Problems in Ocwen Review
By Tory Barringer In an update on his continued oversight of the landmark agreement, Joseph Smith Jr. revealed doubts about the internal review group Ocwen…