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Housing crisis fuels surge in mortgage muni bond deals

The nation's affordable-housing shortage is leading lenders to securitize portfolios of multifamily mortgages to free up capital for new loans.
Solid Data-Driven Gains

Solid Data-Driven Gains Thursday was a fairly straightforward session for bonds. Yields fell modestly overnight in response to slightly lower oil prices and then more forcefully after the cooler-than-expected PPI data. Mid-day fuel price volatility caused a slight pull-back, but not enough to undo a
Acrisure Mortgage names Todd Boss president

Acrisure Mortgage announced Thursday that it has appointed Todd Boss as president, succeeding Joe Nunziata, who was recently promoted to president of Acrisure Real Estate Services. Boss will oversee the day-to-day operations of Acrisure Mortgage, including its nationwide mortgage platform, sales org
Pamela Heman

Pamela Heman

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