Economist and former PIMCO CEO Mohamed El-Erian says the U.S. economy is the cream of the crop in the developed world. And the prospects for housing finance are also looking up.
The FHFA announced an expansion of Freddie Mac’s pilot program that uses a fee-based structure as an alternative to repurchases of defective but performing loans.
A panel of mortgage industry veterans concluded that the best scenario MBS investors can hope for in the upcoming election is that neither side wins a clean sweep of the presidency and Congress.