Financial reform legislation passed by Congress in 2010 requires mortgage originators to retain some loss exposure on the mortgages they securitize. Recent research compares the performance of ...
Ellington Financial, the parent company of reverse mortgage industry lender and servicer Longbridge Financial, announced the successful closing of a new securitization backed by a pool of proprietary ...
Early this month, California fintech Achieve announced the closing of its first AAA-rated securitization backed by $175 million in home equity lines of credit. The securitization — which is the ...
WASHINGTON (Reuters) - The market for student loan asset-backed securities -- rattled already by the troubled mortgage-backed securities market -- expects another hit soon from legislation being ...
Greystone Servicing Corporation and Hunt Mortgage Group are approved to sell these loans to Freddie Mac. As more homeowners stay put, they are tapping into equity products to ensure stability and ...
Mortgage-backed securities (MBS or MBSs) received a bad rap for their role in the 2008 financial crisis. But in the years since, tighter regulations and stricter oversight have seen new, risk-adjusted ...
In finance, it seems like nearly anything can be traded for profits. Securitization is the process of taking groups of assets, packaging them together, and selling them as interest-earning securities ...