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Best Liquidity in Five Years for ‘Flow’ and ‘Bulk’ MSRs

March 29, 2013
Paul Muolo
Sellers of 'flow' and 'bulk' mortgage servicing rights are seeing a noticeable increase in prices for their MSRs as buyers chase both quality and bargains.
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Is the Mortgage Buyback Scourge Over? Repurchases Decline to Four-Year Low

March 29, 2013
John Bancroft
Roughly 270 depositories reported some mortgage buyback activity for 2012 but overall repurchases fell to a four-year low. Is the worst of the problem now over?
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Commercial MBS Has Its Best Year Since the Crash, Multifamily Shines

March 29, 2013
John Bancroft
Inside MBS & ABS found big gains in the securitization of most commercial property types, including a huge surge in mortgages on hotels and motels.
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MBS-Investing REITs Continue to Tap Equity Markets for Cash

March 29, 2013
Thomas Ressler
MBS investing REITs continue to tap the equity market for cash, which means the sector is healthy. Right?
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Is Fannie Mae’s NPL Auction on Hold? / Nationstar Mortgage Eyeing Jumbo MBS / Credit Suisse Goes Jumbo Once Again / It Looks as Though Freddie Will Claim Deferred Tax Assets Too / Clayton Bullish on Surveillance

March 29, 2013
Fannie Mae may be having second thoughts about selling nonperforming loans into the secondary market where cash-rich investors are waiting with bated breath.
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OCC: Banks See Major Improvement in Residential Late Payments

March 28, 2013
Brandon Ivey
Is the tide turning on residential delinquencies suffered by banks or do the numbers look better because the group is selling legacy MSRs?
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Banks, Rating Agencies Fear Proposed Changes to Capital Requirements for MBS

March 28, 2013
Brandon Ivey
According to an analysis by Fitch Ratings, the overall charges for a simple jumbo non-agency MBS across all note-holders would increase to between 6.3 percent and 8.2 percent under the new proposal.
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CFPB Goes Live With Expanded Complaint Database, New Legal Worries for Lenders?

March 28, 2013
Thomas Ressler
The launch of the revised CFPB database expands the bureau's consumer complaint apparatus in a major way. It includes a sub-category for many products, including mortgages.
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Fannie Mae ‘Deferred Tax' Issue Could Be Resolved by the End of Next Week

March 28, 2013
Paul Muolo
Fannie Mae could have an answer to its 'deferred tax asset' issue by the end of next week, freeing up billions of dollars in money.
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Navy Federal Sees Application Growth in ‘No-Downpayment’ Product

March 28, 2013
Paul Muolo
Is Navy Federal's no-downpayment product safe? It believes so, and is quite happy with the delinquency experience on the loan but won't provide specifics.
Read More
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