Mortgage Backed Securities
New Mortgage-Backed Bonds Offer Quality, Show Strength in Housing Market
The demand for housing is strengthening nationwide and that’s creating opportunities in the non-agency mortgage-backed bond market, said Gary Singleterry, portfolio manager GAM Unconstrained Bond Strategy.
S&P to Pay SEC $77 Million in Fines for Fraudulent Misconduct
Standard & Poor's has agreed to pay the U.S. government and two states more than $77 million to settle charges tied to its ratings of mortgage-backed securities.
Credit Suisse Will Appeal Mortgage-Backed Securities Fraud Lawsuit
Credit Suisse is up against a $10 billion lawsuit from New York Attorney General Eric Schneiderman over its alleged role in the sale of fraudulent mortgage-backed securities.
Mortgage-Backed Bonds Your Best Bet Says Western Asset Manager
Mortgage-backed bonds offer attractive valuations and yields, especially non-Agency securities, said Mark Lindbloom.
What You Need To Know From Fed Chief Janet Yellen’s Speech
Fed Chair Janet Yellen shares the central bank's latest thinking on interest rates, jobs and inflation.
Traders Await the Fed as Stocks Open Little Changed but in the Green
U.S. markets opened slightly higher Wednesday as traders wait to see what the Federal Reserve has to say on interest rates.
Spanish Mortgage Bonds A Better Value than U.S. Corporates
Housing markets have bottomed in peripheral Europe making this a good time to own Spanish residential mortgage backed securities.
Department of Justice Settles With Citi Over Toxic Mortgage Securities
The Department of Justice is prepared to end its probe into Citi over the sales of troubled mortgage securities before the recession.
Trulia's Top 5 Housing Market Predictions for 2014
Trulia's chief economist, Jed Kolko, says buying a home in 2014 will be less affordable as prices continue to rise and rental activity picks up in urban areas. TheStreet's Ruben Ramirez has more from Wall Street.
This 3 Person Office Could Save Bank of America $100B
Bank analyst Mike Mayo has raised questions about a tiny office that plays a critical role in a controversial $8.5 billion settlement reached by Bank of America, so TheStreet's Dan Freed visited the office to see for himself.