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MFA Financial sponsors $294.5 million in MBS

National Mortgage
Mortgage Finance
2 years ago

MFA Financial is preparing a $294.5 million securitization of home mortgages, amid what Fitch Ratings determined is a deteriorating outlook,.. Read More;

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Real estate firms ask for new trial in commissions case

National Mortgage
Mortgage Finance
2 years ago

Real estate players facing a billion dollar payout to home sellers are asking a federal judge to toss the jury,.. Read More;

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Deutsche Bank says U.S. 20-year bond 'comeback' merits more supply

National Mortgage
Mortgage Finance
2 years ago

(Bloomberg) -- Interest-rate strategists at Deutsche Bank AG see an opening for the US Treasury to reinvigorate sales of the,.. Read More;

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Title insurers see business decline by 24% annually

National Mortgage
Mortgage Finance
2 years ago

Persistent housing market challenges of 2023 took a bite out of title insurance revenue, with premium volume falling amid higher,.. Read More;

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Wells Fargo is 'still early in the cycle' as soured office loans rise

National Mortgage
Mortgage Finance
2 years ago

The troubles in office lending that Wells Fargo warned about last year have started to emerge — a warning sign,.. Read More;

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Serious delinquencies hit 1999 low; tax, insurance costs up

National Mortgage
Mortgage Finance
2 years ago

The latest round of loan performance numbers adds to evidence there's relative strength in mortgages compared to other consumer finance,.. Read More;

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Industry says Basel rule violates law if it isn't revised

National Mortgage
Mortgage Finance
2 years ago

A coalition of banking trade groups Friday submitted their comments to the Basel III endgame capital proposal, arguing that several,.. Read More;

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Credit card delinquency rates climb to decade high in Fed study

National Mortgage
Mortgage Finance
2 years ago

Credit-card delinquency rates have exceeded pre-pandemic levels, while the share of borrowers making only the minimum payment climbed above 10%,.. Read More;

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JPMorgan posts record net interest income and predicts more growth

National Mortgage
Mortgage Finance
2 years ago

Michael Nagle/Bloomberg JPMorgan Chase closed out the most profitable year in U.S. banking history with its seventh consecutive,.. Read More;

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Bank of America's earnings fall short on charges

National Mortgage
Mortgage Finance
2 years ago

Bank of America's earnings fell short of expectations as the bank's numerous charges in the fourth quarter cut into profit,.. Read More;

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Senate Democrats ask regulators to probe Navy Federal

National Mortgage
Mortgage Finance
2 years ago

Senate Banking Committee chair Sherrod Brown, D-Ohio, and Senate Armed Services Committee chair Jack Reed, D-R.I., joined other Senate Democrats,.. Read More;

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What IMB advocates want in the year ahead

National Mortgage
Mortgage Finance
2 years ago

As 2023 ended, independent mortgage banks could be forgiven for saying "good riddance."  Last year accelerated a trend of skyrocketing mortgage,.. Read More;

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