DoubleLine to make its own brand of mortgage-backed securities

A white label partnership allows one business to sell a product created by another under its own brand name. analyst frank schiraldi . of about $665 million of its lower yielding mortgage-backed. Bank of America is changing its accounting treatment for mortgage-backed securities.

Mortgage applications increase on higher purchase volume caused a drop in refinance applications Purchase volumes have remained more resilient to higher rates and continue their upward trend The increase in mortgage rates has pushed refinance application volume down to levels we have not seen since early 2011.

Gundlach’s Doubleline To Produce Mortgage-Backed Securities In-House. "There is an emerging trend by money managers to evaluate whether they should fill the void," said Thomas Capasse, a managing partner at Waterfall Asset Management, a New York-based investor in mortgage bonds and other types of structured securities.

Application volume is flat as refinance activity slows People on the move: March 17 People on the Move: January/February Here’s a list of the movers and the shakers in the privacy profession within the last month or so. Have a move or a shake of your own you’d like mentioned?The refinance share of mortgage activity decreased to 47.8 percent of total applications, its lowest level since August 2017, from 49.4 percent the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less) increased to its highest level since March 2017, 4.41 percent.Movement Mortgage plans operations expansion We combined the Mortgage Branch Operations Policies and Procedures Manual with the Employee Handbook, because most companies organize human resources as part of the Operations Manager’s Duties. While Operations and HR/Employee manuals are available in general, mortgage-specific products do not generally exist.

Campbell Soup and the Big Problem With “Big Food” Well, you can add another feather to Mr. Gundlach’s cap that was worn by Gross: He now has his own actively managed exchange-traded fund. The new SPDR.

The ABX index, which tracks the performance of different vintages of mortgage backed securities and is widely used as a barometer for so called subprime mortgages, was up an astounding 20 percent.

DoubleLine’s move comes amid a dwindling supply of mortgage bonds that aren’t guaranteed by the government through Freddie Mac or Fannie Mae. While these private-label securities were once a huge source of business for banks and brokerages, they have largely stopped issuing non-agency residential bonds under the weight of post-crisis regulations, creating an opportunity for asset managers.

DoubleLine to make its own brand of mortgage-backed securities Cunningham Posted in FHA Loan Articles contents mortgage-backed securities doubleline capital los moves black knight downstream Lowest foreclosure inventory Investors poured into tcw total return Bond, which is entirely mortgage-backed securities and had a 7.11% annualized return.

Credit-rating agencies make the classic mistake of thinking recent financial history is likely to repeat, says Bonnie Baha, portfolio manager at DoubleLine Capital. Lehman Bros.’ own debt still..

Story out in MSM reporting that DoubleLine is making "its own brand" of mortgage-backed securities is not true. Wouldn’t be bad, but untrue. – Jeffrey Gundlach (@TruthGundlach) December 21.

S&P Ratings has been providing important information for over 150 years to help investors make. the trust its brand carries in the world of high finance. As we saw during the financial crisis, when.