Bond Market And Mortgages News

Two former Credit Suisse trader pleads guilty in bond probe

Two former Credit Suisse Group employees pleaded guilty Wednesday to criminal charges over alleged misstatements regarding the bank's mortgage-bond valuations during the financial crisis. David Higgs, a UK citizen, pleaded guilty to conspiracy to falsify books and records and to commit wire fraud at a hearing before US District...

Timeline: Ex-Credit Suisse traders charged

(Reuters) - U.S. authorities have accused a group of former Credit Suisse Group AG traders of falsely inflating the value of mortgage-backed securities on the investment bank's books as the financial crisis began to take shape. The traders were able to artificially manipulate pricing on a mortgage-backed bond portfolio for six months, from August 2007 through February 2008, despite clear signs ...

No Takers for Texas as New York City Trophies Find Refinancing: Mortgages

When it comes to the commercial- mortgage bond market these days, location is everything.

3 investments for an era of low interest rates

3 investments for an era of low interest rates Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 04:34 p.m., Thursday, February 2, 2012 Ben Bernanke and his Fed are playing the role of adviser, encouraging Americans to get a little more adventurous by shifting savings out of low-yielding ...

Freddie Mac Supported Industry with $20.3 Billion in 2011 Multifamily Volumes

MCLEAN, Va., Feb. 2, 2012 /PRNewswire/ --  Freddie Mac (OTC: FMCC.OB - News) announced today that it had $20.3 billion in volume for its multifamily business (loan purchase and bond guarantee volume), a 32 percent ...