FGMC's list of creditors reads like a Who’s Who of Wall Street finance: Daiwa Capital, Deutsche Bank, Jefferies Capital and Morgan Stanley, to name a few...

Mortgage REIT stock prices are down and most company debt is trading below par. A buying opportunity or something else?

The deluge in MSR auctions continues apace...

First Guaranty Mortgage Corp., a prime and non-agency lender owned by PIMCO, has gone bust, leaving a long list of creditors in its wake. The big question: Are there other FGMCs out there?

The meteoric rise in interest rates has subsided somewhat, giving originators a respite. For three weeks in a row, new applications have increased. But can the winning streak last? M&A on the rise?

In the bankruptcy documents, PIMCO is listed as 100% owner of FGMC...

Can FGMC rise from the ashes of Chapter 11? The odds might be steep.

PIMCO bought into First Guaranty almost seven years ago...

One advisor noted: "If you want to go higher now you can, but the dynamics justifying it may not last much longer.”

PIMCO's next move in mortgages? Stay tuned...