But KeyCorp, like many other mortgage lenders, is facing sharply declining financial results from residential mortgage lending.
During the real estate boom Countrywide created hundreds of securitization trusts, selling certificates backed by residential mortgage loans.
Additionally, he is the Vice-Chairman of Two Harbors Investment Corporation, a NYSE-listed (TWO) residential mortgage REIT.
The report also cited the strong quarterly dividend history at Apollo Residential Mortgage, Inc.
FORBES: AMTG Named Top 10 REIT at Dividend Channel With 16.07% Yield
In Friday trading, Apollo Residential Mortgage, Inc. shares are currently up about 0.1% on the day.
Despite these "headwinds", the proportion of residential mortgage arrears reduced from 3.23% in 2011 to 2.89%.
Meanwhile, BlackRock's allocation at quarter end was 13.9% corporate bonds and 29.5% residential mortgage backed securities, among others.
The government must reduce its footprint in the residential mortgage market and stop competing with private mortgage lenders.
And trial lawyers even managed to insert language into the Dodd-Frank Act that bans them in residential mortgage loans.
Their problems arose from investments in residential mortgages and residential mortgage-backed securities investments they had always been free to engage in.
"This market was the hardest hit last year, " notes Chandra Bhattacharya, a Credit Suisse strategist who specializes in residential mortgage-backed securities.
They also singled out Fannie Mae and Freddie Mac, the two government-sponsored enterprises that are central to the residential mortgage market.
He says the program could be expanded over time to include commercial mortgage-backed securities, certain residential mortgage-backed securities and other assets.
In March Citi said it was reducing residential mortgage assets in the U.S. mortgage market to 20% below 2007 levels.
"Profits were under pressure, " notes Warren Kornfeld, managing director and co-head of residential mortgage backed securities at Moody's, of the subprime sector.
Bair says the outlook for residential mortgage loans continues to deteriorate: They "account for the largest share of the increase" in troubled loans.
The bank attracts deposits and originates and purchases one to four family residential mortgage loans, commercial real estate loans and multi-family property loans.
Schneiderman plays a dual role here, as New York AG and co-head of the Obama administration Residential Mortgage Backed Securities Working Group.
FORBES: New York Attorney General Sues JP Morgan And Raises Question Of What The "Auditor" Knew
The residential mortgage business, which includes ubiquitous TV advertiser ditech.com, expects to gain market share for the eighth year in a row this year.
Orchid Island Capital Inc, which was already expected to price this past week, is a financial company that invests in residential mortgage backed securities.
FORBES: IPO Watch: Dunkin' Donuts Tastiest Of 12 IPOs Next Week
The charge is in connection with the sale of a synthetic collateralized debt obligation that was tied to the performance of subprime residential mortgage-backed securities.
Last week Schneiderman filed a civil lawsuit alleging extensive fraud by Bear Stearns during the sale of residential mortgage-backed securities leading up to the housing crisis.
FORBES: Don't Count On Jamie Dimon's Help During The Next Financial Crisis
The Fed will exchange the Treasury notes for other securities, including federal agency debt, federal agency residential mortgage-backed securities and nonagency AAA-rated private-label residential mortgage-backed securities.
His latest comes in a lawsuit filed against Credit Suisse in which he accuses the Swiss bank of misleading investors over the quality of residential mortgage-backed securities.
FORBES: NY AG Strikes Again, Sues Credit Suisse On Mortgage Securities Fraud
Chris Dodd who actively enabled Fannie Mae and Freddie Mac and thus made possible the residential mortgage debacle, the home-price collapse and the financial crisis of 2008-2009.
FORBES: Why Do Takers Like Obama and Gingrich Attack Makers Like Romney?
The Fed itself has targeted the housing sector through monetary policy, buying residential mortgage-backed securities in order to push interest rates down and provide further relief to mortgage-holders.
FORBES: Housing Still On The Mend: Case-Shiller Shows Prices Up For Fifth-Straight Month
Nearly a third of our states do not allow lenders the recourse provisions necessary to go after a borrower's personal assets in case of default on a residential mortgage.
That includes the prosecution of Michael McGrath, former president and owner of U.S. Mortgage Corporation, formerly one of the largest private residential mortgage companies in New Jersey.
There are some specific exceptions to this rule, such as the one recently enacted for forgiveness of residential mortgage debt, which expires at the end of this year (section 108(a)(1)(E)).
In these days of collateralised-debt obligations and residential mortgage-backed securities, there is no textbook to tell central bankers exactly what to do when liquidity in the interbank market dries up.
应用推荐