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    1. August 26, 2016

      US housing: Long way from home

      Erika Lawhon had hoped to have bought her first home years ago. The 31-year-old, who works as an engineer in an...

    2. Fast FT

      August 23, 2016

      Angel Oak taps non-prime mortgage bonds again

      Angel Oak Capital has completed a $132.65mn bond offering backed by riskier residential mortgages, as firms continue to...

    1. July 5, 2016

      Brexit provides a boost for US homeowners

      Brexit has unleashed turmoil in global financial markets but at least one group is poised to benefit: US homeowners....

    2. Fast FT

      June 22, 2016

      Fed flags up risks of US-backed mortgages

      When private lenders stopped providing mortgage loans to the riskiest US borrowers in the wake of the global financial...

    3. May 29, 2016

      BlackRock’s new mortgage-backed securities ETF causes concern

      BlackRock, the world’s largest asset manage, has launched the first European-listed exchange traded fund that invests...

    4. Fast FT

      May 25, 2016

      BlackRock launches mortgage bond ETF in Europe

      BlackRock has launched the first European exchange traded fund for US mortgage-backed securities, giving investors...

    5. May 5, 2016

      Fannie Mae profits fall by half

      Net profits more than halved in the first quarter at Fannie Mae, the government-backed mortgage company, highlighting...

    6. Fast FT

      April 7, 2016

      US 30-year mortgage rate drops to 14 month lows

      Further proof that mortgage rates do not move in lock step with US interest rates decisions. Almost four months after...

    7. Fast FT

      February 8, 2016

      San Francisco housing market overheating - Fitch

      Fitch warns that home prices in San Francisco have “risen to a level unsupportable by area income”, with the Bay Area...

    8. January 12, 2016

      State-backed debt growth lifts default fears

      Investor fears that the bloated sovereign debt market is beginning to pose risks to the world economy could soon be...

    9. September 28, 2015

      Big US banks lose patience with Fed

      Janet Yellen’s decision to delay an interest rate rise has worsened the outlook for big US banks, prompting them to try...

    10. September 23, 2015

      Review: ‘Shaky Ground’ by Bethany McLean

      The US government has threatened them with a “bazooka” and decapitation, it has also coddled them and relied on them,...

    11. September 8, 2015

      Former Nomura traders charged over mortgage-backed securities

      Three former Nomura traders who sold residential mortgage-backed securities face rare criminal charges that they lied...

    12. August 14, 2015

      What a court ruling on raisins might mean for Fannie and Freddie

      Imagine you are a champion raisin farmer. Every year you produce the ripest, plumpest raisins. Then every so often the...

    13. July 2, 2015

      RBS faces $13bn bill, says court filing

      Royal Bank of Scotland faces a $13bn bill to resolve claims it misled purchasers of mortgage-backed securities and may...

    14. June 29, 2015

      Funds appeal over Fannie and Freddie

      Perry Capital and Fairholme Funds on Monday fired their latest salvo in a battle with the US government over Fannie Mae...

    15. June 16, 2015

      The moral of AIG: first pay the lawyers

      The AIG case has one clear winner — US lawyers charging well-heeled clients big bucks to argue over the federal...

    16. June 16, 2015

      Greenberg’s AIG victory raises stakes in Fannie and Freddie case

      Hank Greenberg’s victory against the US government over the terms it extracted for the AIG bailout has cheered...

    17. May 31, 2015

      Shadow banks grab record US loans share

      Non-bank lenders have overtaken US banks to grab a record slice of government-backed mortgages, after regulatory curbs...

    18. May 11, 2015

      Court finds Nomura and RBS misled investors

      A US judge ruled that Nomura and Royal Bank of Scotland had misled investors in mortgage-backed securities, the first...

    19. April 24, 2015

      The heavy hand of US market intervention

      The US’s free markets are being distorted by the government, which is riding roughshod over investors. That is the...

    20. April 23, 2015

      BofA appeals $1.3bn ‘Hustle’ toxic loan penalty

      Bank of America has appealed against a $1.3bn penalty for selling toxic home loans, arguing that the court prevented it...

    21. April 10, 2015

      Nomura and RBS accused of ‘deceit’ in mortgage securities trial

      Nomura and Royal Bank of Scotland were accused of “incompetence” and “deceit” in packaging toxic mortgages into...

    22. February 25, 2015

      Morgan Stanley pays $2.6bn to settle mortgage claims

      Morgan Stanley has reached a $2.6bn settlement with the US Department of Justice, drawing a line under claims that it...

    23. November 10, 2014

      Bets gone awry push John Paulson event-driven fund to loss

      John Paulson’s $3bn event-driven hedge fund swung to a 14 per cent loss last month as the investor known for making...

    24. October 15, 2014

      Hedge funds face their worst year since 2011

      Hedge funds are on course for their worst year since 2011, as several of their biggest and most popular trades turned...

    25. October 7, 2014

      Fannie and Freddie investors turn to the ‘people’s court’

      A US court better known for hearing tax refund complaints has become the preferred venue for shareholder lawsuits...

    26. October 3, 2014

      There will be a price to pay for banker-bashing

      Politicians live for today. If the public demands a pound of flesh, they’ll get them five. They’ll create straw men and...

    27. October 2, 2014

      The one-way bet on US housing finance is in the balance

      When in 2008 Fannie Mae and Freddie Mac were rescued with $187.5bn of US taxpayer money, it was the biggest single...

    28. October 1, 2014

      Fannie and Freddie sold off as suit fails

      Shares of Fannie Mae and Freddie Mac sank 60 per cent on Wednesday after Bruce Berkowitz’s Fairholme Funds lost a...

    29. October 1, 2014

      Fannie/Freddie: no Argentine bond

      All the chutzpah you want. But the funds trying to sue the US government for damages over the bailout terms that saved...

    30. September 28, 2014

      Big names on Wall St prepare for AIG trial

      Hank Greenberg’s lawsuit against the US government over its bailout of insurer AIG is due to begin on Monday, and is...

    31. September 22, 2014

      US tries to revive mortgage bond market

      The US Treasury has called banks and investors to meetings in an attempt to create a large-sized mortgage bond in a new...

    32. August 26, 2014

      Wells Fargo: put-back pass back

      Wells Fargo wants to issue more mortgages to customers with weak credit. At the same time, the bank’s chief executive...

    33. August 15, 2014

      Ackman plans second suit against US over Fannie and Freddie bailout

      Bill Ackman, the activist hedge fund manager, is planning his second lawsuit in two days against the US government over...

    34. August 7, 2014

      Fannie and Freddie deliver $5.6bn payback

      Mortgage finance groups Fannie Mae and Freddie Mac reported solid earnings in the second quarter that will allow them...

    35. July 30, 2014

      BofA ordered to pay $1.3bn in ‘Hustle’ case

      Bank of America was ordered to pay $1.3bn by a judge on Wednesday for a “brazen fraud” in which bank staff sold toxic...

    36. July 22, 2014

      Dodd-Frank has made banks safer but slowed economy, data show

      Four years after the Dodd-Frank financial reform bill was signed, US banks are more stable and better capitalised. But...

    37. July 11, 2014

      US mortgage insurers fall on FHFA plans

      Mortgage insurers fell sharply on Friday after the Federal Housing Finance Agency proposed new rules to tighten...

    38. June 25, 2014

      Fannie and Freddie urged to sue over insurance

      WASHINGTON, June 25 – A US housing regulator should consider directing government-controlled mortgage finance groups...

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