Fannie updates AML rules, Freddie adds a buydown option

The larger of two influential government-related mortgage buyers has made clear that even non depository mortgage companies not governed by the Bank Secrecy Act still have certain anti-money laundering responsibilities. “If a seller/servicer is not subject to the BSA’s AML provisions, it must establish a suspicious activity identification program,” Fannie Mae said in a bulletin, […]

Fannie updates AML rules, Freddie adds a buydown option Read More »

Treasury yields climb ahead of auctions amid tariff uncertainty

Treasury yields rose Monday led by long-maturity tenors as investors preoccupied with the potential fallout of US tariffs looked ahead to auctions later this week. Yields for 10- to 30-year Treasuries climbed at least five basis points to the highest levels in more than a week, extending the selloff sparked by strong June employment data

Treasury yields climb ahead of auctions amid tariff uncertainty Read More »