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Money managers shift focus to mortgage bonds over CLOs
13 Mar 2025 23:17 GMT
Liza Crawford, co-head of global securitized credit at TCW, noted that the shift in relative value among market sectors has driven her firm to increase its CMO holdings while reducing its exposure to AAA CLOs. “Bond markets live and breathe, and if you …
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TCW and Threadneedle are eyeing complex mortgage bonds over CLOs
12 Mar 2025 21:22 GMT
… . CMOs are bundles of agency mortgage bonds packaged together, and their increasing … a confluence of cheapening underlying mortgage bonds just before the Fed started …
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Trump and Treasury’s big challenge: Privatize Fannie and Freddie without making mortgages more expensive
30 Mar 2025 20:03 GMT
… ; willingness to buy the bonds — mortgage bonds are a more than $10 … -year mortgage rates, low. Today, mortgage bonds are seen as a good … major market players, like top mortgage bond investors or ratings agencies, begin …
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Pimco, Allspring Bet on Mortgage Bonds That Look Cheaper Than Corporate Debt
21 Feb 2025 15:29 GMT
… Investments are piling into mortgage bonds now, betting that the … risk premium in decades. Mortgage bonds offer fatter risk premiums. … Fannie Mae current coupon mortgage bonds, a proxy for … more margin for error. Mortgage bonds will probably perform better …
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Canada launches securities lending program for mortgage bonds
11 Feb 2025 13:58 GMT
… on its behalf.
Canada’s mortgage bond market plays a critical role …
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POS, Servicing, Fair Lending Products; Program Changes; Opinion on Mortgage Bond Prices
28 Jan 2025 17:51 GMT
… Products; Program Changes; Opinion on Mortgage Bond Prices
“Last year I joined … , Rich Swerbinsky writes how the mortgage bond market is currently overreacting to … could soon be drawn to mortgage bonds, narrowing spreads and pushing rates …
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The Savings BANK and the HOUSE.The Russian Federation has placed issues of mortgage bonds for 2 and 63.5 billion rubles
28 Jan 2025 14:22 GMT
… placed the first issues of mortgage bonds (ICB DOM.Russian Federation) in …
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Brean ABS returns to raise $191.3 million backed by reverse mortgage bonds
27 Jan 2025 19:14 GMT
A pool of reverse mortgages extended to seniors will serve as collateral for $191.3 million in mortgage-backed securities coming to market from Brean Asset-Backed Securities Trust, series 2025-RM10.
Brean is slated to close at the end of the month, selling …
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BMO managing director dismissed over SEC mortgage-bond probe
27 Jan 2025 15:04 GMT
Bank of Montreal dismissed a managing director on its US mortgage-backed bond desk in connection with a regulatory probe into misleading marketing practices.
Doo Sik Lew was discharged last month, according to a disclosure BMO Capital Markets Corp. filed …
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BMO settles mortgage bond-related charges for $40 million
17 Jan 2025 00:37 GMT
… key players that back those mortgage bonds from government conservatorship.
The BMO …