Mahesh Swaminathan

Neediest Homebuyers in U.S. Lifted by Japan: Mortgages

U.S. homebuyers are getting an unexpected boost from the Bank of Japan.

Mortgage Bonds Slump as Fed’s Buying Boost Fades: Credit Markets

After posting their worst returns since 1999, government-backed mortgage bonds are starting 2013 with losses on speculation the end of Federal Reserve purchases is in sight and as homeowner refinancing roils the market.

Obama Uses Housing as Foil to Romney’s ‘Hit Bottom’ Strategy

President Barack Obama is escalating the fight over how to revive the housing market, a sector of the economy that has dragged down growth for six years running, eroded consumer confidence and wiped out $7 trillion in American wealth.

BofA May Turn Profit on Mortgage Buybacks, Credit Suisse Says

Freddie Mac’s decision to force Bank of America Corp. to repurchase $330 million of mortgages from its securities may result in a profit for the lender while triggering investor losses, according to Credit Suisse Group AG.

Fattened Margins Seen Shrinking 40% at Banks: Mortgages

Record mortgage profits that drove earnings at Wells Fargo & Co. and JPMorgan Chase & Co. are fading as increased competition keeps the rates banks are offering on new loans near all-time lows.

Mortgage Bonds Wrongly Predict Government Refi Changes, Credit Suisse Says

Prices in the market for Fannie Mae and Freddie Mac mortgage bonds are incorrectly forecasting a 55 percent chance of a “government-induced refi spike” in the next year, according to Credit Suisse Group AG.

Annaly Reversing Slump as Denahan Tries to Dodge Fed: Mortgages

Annaly Capital Management Inc. is clawing back from its worst quarterly performance in more than 7 years as the largest real estate investment trust that buys mortgage debt seeks to sidestep the U.S. Federal Reserve’s interference in credit markets.

Mortgage-Bond Yields Fall to Low on Fed's Treasury-Buying Plan

Yields on Fannie Mae and Freddie Mac mortgage securities that guide U.S. home-loan rates set record lows after the Federal Reserve said it would buy more U.S. government debt as its housing-bond holdings pay down.

BofA Escaping Countrywide Helps Moynihan Build: Mortgages

Bank of America Corp. yesterday struck deals to settle lending complaints, sell rights to service $300 billion of mortgages and repair relations with regulators. For Chief Executive Officer Brian T. Moynihan, it offers his best chance to rebuild the home lending business.

PPIP’s Steep Tab, GM Swap Traders Adapt: Compliance

Lenders could lose $168 billion if banks sell loans into the Public-Private Investment Partnership at market prices instead of their balance-sheet valuation, Jamie McGee and Margaret Chadbourn of Bloomberg News report, citing estimates in regulatory filings.

"The start of the year has been weak across the board."

- Mahesh Swaminathan on Jan 14, 2013

Fannie Mae

New York

Freddie Mac

Federal Reserve

Honda Plans $70 Million Ohio Supercar Plant to Aid Acura

U.S. Stocks Rise on Stimulus Bets as Manufacturing Falls

Tiger Global, Appaloosa Cut Apple Stakes

Harvard-for-Free Meets Resistance as Professors See Threat

Google Updates Music to Maps as Product Conference Starts