The government refinancing index more than doubled in theweek ended June 15. While the measure dropped 21.5 percent forthe period ended June 29, it continues to be at an elevatedlevel, Morgan Stanley analyst Janaki Rao said a note today.
Date: Jul 05, 2012
Category: Business
Source: Google
Mortgage-Bond Market Roiled as Bernanke Report Triggers QE3 Speculation
The white paper increases the probability of QE3 centeredon MBS as the paper emphasizes that housing is still a keyproblem with no easy solution, Morgan Stanley analysts Vipul Jain, Janaki Rao and Zofia Koscielniak wrote today in a note toclients, referring to what would be the Feds third roun
Date: Jan 05, 2012
Category: Business
Source: Google
Mortgage Bonds Rally as Fed Backstop Seen in QE3: Credit Markets
Those so-called dollar rolls boosted mortgage bonds last week, JPMorgan analysts led by Matt Jozoff and Morgan Stanley analysts Vipul Jain, Janaki Rao and Zofia Koscielniak said. The implied cost of financing Fannie Mae 3.5 percent bonds, which had climbed in a few weeks from about 30 basis points t
Date: Dec 15, 2011
Category: Business
Source: Google
Fannie Mae and Freddie Mac regulator throws lifeline to underwater homeowners
"Such modifications are no panacea, but they would move us in the right direction for housing-related stimulus for the economy,'' said Janaki Rao, vice president for mortgage research at Morgan Stanley inNew York.