For TD Bank, the sale is part of efforts to adjust its balance sheet to meet a $434bn cap on its US retail banking assets.

Financial giant Bank of America (BAC) has agreed to purchase a $9 billion portfolio of residential mortgage loans from Canadian company ...

Bank of America Corp. has agreed to buy a $9 billion portfolio of residential mortgage loans from Toronto-Dominion Bank.

Jumbo loans account for 72% of the mortgage debt on affected homes, and banks are on the hook for billions should borrowers default, per Bloomberg.

In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace ...

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.85%, according to the Mortgage Research Center, while the ...

The rate on a 30-year fixed refinance decreased to 6.93% today, according to the Mortgage Research Center. The 15-year, fixed ...

Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.

According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...

RMBS portfolios have limited exposure to loans in ZIP codes that were included in LA County's mandatory evacuation zones, ...

Rates on 15-year new purchase loans fell even more significantly last week, plunging 16 basis points to average 5.98% Friday.

PennyMac Mortgage Investment Trust (NYSE: PMT) Q4 2024 Earnings Call Transcript January 30, 2025 PennyMac Mortgage Investment ...