The plaintiffs had accused 16 major financial institutions of exploiting their market dominance to manipulate bond prices.

Agency Director Mark Calabria is hiring like-minded executives from the conservative institutions of his past.

Prosecutors allege that co-owners of a company that offered assistance to borrowers going through short sales illegally charged fees for negotiating the sales.

Once SOFR has replaced LIBOR, new ARMs will be written referencing the new index. The language recommended by ARRC addresses the interim.

ARRC language would ease the transition from LIBOR to an alternative index based on SOFR.

The novelty of prepayment as a primary risk factor is one of the charms MBS have for foreign investors, particularly sophisticated institutional investors. That’s because it has a relatively low correlation factor with other assets.

Special statutory provisions establish different GSE loan limit calculations for Alaska, Hawaii, Guam, and the U.S. Virgin Islands. 

Mortgage REIT Arbor Realty Trust has launched a new platform to provide single-family rental financing...