PIMCO cuts mortgage-backed securities holdings

FHA raises mortgage insurance, for life of loan Butler & Hosch buys Prommis subsidiary Cal-Western Reconveyance Greater San Diego Area Business Analyst Accounting Education University of California, Riverside Bachelor’s degree, Business Administration and Management, General Experience Cal-Western Reconveyance, LLC: a subsidiary of Butler and Hosch, P.A. November 2009 – May 2015 Prommis Solutions, LLC March 2009 – October 2009 Reliable Posting.In last six months, FHA has increased mortgage insurance premiums twice. They will be doing so again. annual mortgage insurance premium (mip) for most new mortgages will increase by 10 basis points or by 0.10 percent. FHA will increase premiums on jumbo mortgages ($625,500 or larger) by 5 basis points or 0.05 percent.

Bill Gross, manager of the world’s biggest bond fund, cut slightly both holdings of Treasury bonds and mortgage-backed securities in July. Treasury bonds holdings at the $270 billion Total Return Fund (PTTRX), managed by Mr. Gross, who is co-chief investment officer at Pacific Investment Management Co., slipped to 33% last month from 35% in June, according to data released late Thursday.

PIMCO cuts mortgage-backed securities holdings Investors should pare U.S. stocks and high-yield debt while shifting to lower-risk assets, such as Treasuries and mortgage-backed securities, according to an. Group Inc. echoed that view on prices.

PIMCO Mortgage-Backed Securities Fund seeks maximum total return, consistent with the preservation of capital and prudent investment management by investing in a portfolio of investment grade.

 · Bond fund giant Pacific Investment Management Co., or Pimco, cut its holdings of U.S. government-related holdings in its flagship bond fund in September for.

U.S. government-related holdings may include nominal Treasuries and inflation-protected Treasuries, Treasury futures and options, agencies, FDIC-guaranteed and government-guaranteed corporate.