The Federal Home Loan Bank of Seattle lost an appeal in an MBS case against Barclays Capital this week in which it claimed the investment banker made false statements or left out certain facts about the securities it sold in 2008. But the Court of Appeals of Washington State ruled that theFHLBank was fully aware of what it was buying at the time.

Great Ajax is a real estate investment trust that formed in 2014 and went public in early 2015.

The fastest-growing segment is the Ginnie Mae market…

Moody’s said GSE participation will continue to erode the sector’s reliance on commercial MBS as a source of financing…

Of late, Impac’s share price has been trading at $11.00 a unit, just a tick above its 52-week low.

Of course, the Trump administration has a history of shooting first and asking questions later…

The spokesperson noted that Guaranteed Rate founder and CEO Victor Ciardelli “is still in control.”

It hasn’t happened often in recent years, but commercial banks and thrifts were actually servicing more home mortgages for other investors at the end of September than they had at the midyear point. A new analysis by Inside Mortgage Trends of bank call reports shows the industry was servicing $3.652 trillion of home loans for other investors at the end of the third quarter. Most of this SFO business is tied to mortgage-backed securities pools, and the ... [Includes one data chart]

Mortgage repurchase activity was up sharply at Freddie Mac during the third quarter, while buybacks were down at Fannie Mae, according to an Inside Mortgage Trends analysis of disclosures filed by the two government-sponsored enterprises. Loan sellers repurchased or made other indemnification related to $142.43 million of loans sold into Freddie mortgage-backed securities during the third quarter, a sharp 48.3 percent increase from ... [Includes two data charts]

Drivers for ride-sharing companies and other participants in the so-called gig economy largely work the jobs to earn extra money. But even with the supplemental earnings, many in the gig economy don’t expect to purchase a home any time soon, according to a survey by Fannie Mae. The lack of demand for mortgages from workers in the gig economy is significant because 16 percent of adults in the U.S. work in the sector, including ride sharing, food delivery, handyman services ...