Tag:
Jumbo Loans
Latest Headlines
Latest Headlines
Securitization market sees lots of innovation
So who says the securitization market is dead? We've seen some interesting moves by Blackrock, which intends to offer a new type of RMBS . Now comes Redwood Trust, which has accumulated $160 million of recent loans as of Oct. 31 and fully intends to sell securitized bonds next quarter, accordin
Is private banking on the way back?
A lot of banks sense high growth in the wealth management industry, which seems to have stoked the market for private banking. There was once a day when only the very rich could boast a private banker. That genteel era is not necessarily being recreated for merely high net worth clients, but there
Banks go beyond HAMP
There has been some disappointment with the pace of mortgage modifications by the banking industry. But you can't really blame the banks. TheStreet.com notes that of the 5.6 million borrowers who are 60 or more days late on their mortgage payments, 3.9 million of them aren't eligible for the H
The paradox of a mortgage fund collapse
You would think that the Tequesta Mortgage fund would be seen as one of the more safe hedge funds . After it all, it specialized in prime loans of a certain heft. These jumbo loans--and I note the jumbo threshold has just been raised--were far from subprime and Alt-A. But they declined in value
