Some investors have been growing more hopeful about an economic recovery as a new U.S. stimulus package is rolled out.
At issue are so-called credit-risk-transfer securities offered by Fannie Mae and Freddie Mac.
The firm's analysts have shifted their recommendation on mortgage-backed securities to overweight.
Installment loans are geared to working-class Americans who have seen wages stagnate and unpaid bills pile up.
Rates for 30-year mortgages are at their lowest since late 2016, sending many homeowners to their brokers.
About 12 million Americans use high-interest loans every year, according to Pew Charitable Trust.
Mortgage-backed securities traders are taking a hard look at buying protection against falling bond yields.
As the market grows to a record size, participants remain on guard against signs of weakness.
It’s widely forecast that by October the central bank will no longer reinvest any proceeds back into mortgages.
As the Fed unwinds its purchase of mortgage-backed securities, investors are bracing for a supply gut.
Please log back in before proceeding.
There was an error logging in. Please try again.
Congrats! You are now logged in. Your exam is being submitted.
