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Posts Tagged ‘Bond’

Lehman U.K. Mortgage Bond Ruling May Trigger $14 Billion Default Requests

March 25th, 2011

Lehman U.K. Mortgage Bond Ruling May Trigger $14 Billion Default Requests Investors in about $14 billion of U.K. commercial mortgage-backed securities may claim the securities are in default because of a principle established at a British court earlier this month. Read more on Bloomberg

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Business : DIFC moots mortgage bond market

March 18th, 2011

Business : DIFC moots mortgage bond market DUBAI — The Dubai International Financial Centre, or DIFC, on Thursday proposed the establishment of a mortgage bond market in line with the Danish mortgage model to revitalize the UAE real estate sector with new liquidity. Read more on Khaleej Times

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FHB Mortgage Bank announces HUF 200 bln note and mortgage bond program for 2011-12

February 10th, 2011

FHB Mortgage Bank announces HUF 200 bln note and mortgage bond program for 2011-12 Hungary’s FHB Mortgage Bank will launch a HUF 200 billion covered bond and note program for 2011 and 2012, the bank said on the website of the Budapest Stock Exchange on Wednesday. Read more on Budapest Business Journal

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Amy Hoak’s Home Economics: What Fed’s bond buy means for mortgage rates

November 11th, 2010

Amy Hoak’s Home Economics: What Fed’s bond buy means for mortgage rates Mortgage rates fell in anticipation of the Federal Reserve’s announcement last week that it would start buying $600 billion in bonds to stimulate the economy. Could rates go even lower? Maybe. Read more on Market Watch

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Commercial-Mortgage Bond Payments Fall Short as Property Values Decline

August 8th, 2010

Commercial-Mortgage Bond Payments Fall Short as Property Values Decline Holders of commercial-mortgage backed securities have had $1.1 billion in interest withheld as plunging property values lead to reappraisals that eat into bondholders’ payments, according to data compiled by Bloomberg. Read more on Bloomberg

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Genworth MI taps bond market

June 18th, 2010

Genworth MI taps bond market Mortgage insurer to raise $200-million in first credit market foray Read more on The Globe and Mail

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Mortgage Bond Spreads at Widest in Five Months: Credit Markets

May 5th, 2010

Mortgage Bond Spreads at Widest in Five Months: Credit Markets May 5 (Bloomberg) — Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates climbed to the highest in more than five months relative to Treasuries as Europe’s worsening government finances led investors to shun all but the safest assets. Read [...]

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