NYLX, a provider of automated mortgage data applications and solutions, has announced a partnership with MBSQuoteline to incorporate streaming real-time Mortgage-Backed Securities (MBS) and Treasury prices, market news and analysis, and an economic events calendar into its LoanDecisions product eligibility and pricing platform. Users will be provided a dashboard of summary MBS market data, and access to the rich information services provided by MBSQuoteline.Read more

Related posts:

1. Real Estate Systems launches Accelerated Management Platform (AMP) Real Estate Systems (RES.NET) has announced the launch of...
2. First American CoreLogic launches iPhone market data app First American CoreLogic, a member of The First American...
3. Loan Servicing Platform from Fiserv meets new Making Home Affordable Loan Modification requirements Fiserv Inc., a provider of financial services technology solutions,...

Related posts brought to you by Yet Another Related Posts Plugin.

Today’s issue is fraud. Fraud affects the secondary markets in two very important ways: The existence of fraud is a valid reason to require a seller to repurchase a mortgage. This is commonly known as a “buyback.” The higher the prevalence of fraud within mortgages originated, the higher the risk of default of these mortgages, and thus, the lower the value of the commodities created and sold in the secondary markets. In other words, the more fraud in our industry, the higher rates will go.Read more

Related posts:

1. The secondary market overview: From bonds to production … Nowhere to go but up During the last two weeks of 2009, rates made...
2. The secondary market overview: From bonds to production … Low rates and fences We have ended our perspective on what happened in...
3. The Secondary Market Overview: From bonds to production … Rub-a-dub-dub: The fed pulls the plug Okay, that is a bad rhyme. But the truth...

Related posts brought to you by Yet Another Related Posts Plugin.

Commercial Mortgage Securities Association (CMSA), in a white paper issued today on the White House’s overall regulatory reform proposals, emphasized that the government’s financial recovery and reform efforts should maintain a consistent view towards addressing the unique challenges facing the $3.5 trillion commercial mortgage market.Read more

Related posts:

1. CMSA to testify before Senate panel on securitization issues The Commercial Mortgage Securities Association (CMSA) will testify before the...
2. President Obama announces financial regulation reform proposal U.S. President Barack Obama has announced his administration’s anticipated...
3. Comprehensive financial regulatory reform legislation introduced House Republicans, led by Financial Services Committee Ranking Member...

Related posts brought to you by Yet Another Related Posts Plugin.