Blog
Fed Purchases $22.17bn Agency MBS in Week Ending July 15
The Federal Reserve today reported on their weekly purchases of agency mortgage-backed securities (MBS). In the five trading days between July 9 and July 15, the Federal Reserve purchased a gross total of $22.980 billion agency MBS. During this period the Federal Reserve sold $810 million agency MBS, which brought their weekly net purchases total to $22.17billion.
MGIC Losses Widen, Reorganization Planned
MGIC Investment Corp., a major provider of Private Mortgage Insurance, announced nearly $340 million in losses for the second quarter. The company also revealed plans to shift a major part of its operations to a subsidiary in order to comply with capital requirements.
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...