Hacked off with soaring housing costs and stubborn mortgage rates? Disgusted by skimpy supply and the fierce bidding wars that are now required to find a decent place to live? If you’re looking for ...
US banks showed a renewed appetite for mortgage-backed securities (MBSs) in the third quarter as unrealised losses on the instruments fell sharply. Across 41 reporting banks, available-for-sale (AFS) ...
The US Treasury’s Public-Private Investment Programme (PPIP) purchased just $3.4 billion of mortgage-backed securities (MBSs) in its first quarter of operation, despite the fact that approved money ...
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