The tide is turning for mortgage securities, says Financial Times.

It predicts we’ll see headlines about private-label mortgage-backed securities rather than subprime mortgages in the New Year.

And since the U.S. needs to move away from a government-supported mortgage market, it says the question now will be how big of a role private capital will play. Read more.

Also read:

Cdn housing headed for a soft landing: Scotiabank

Fewer mortgages in arrears: CMHC

Mortgage clampdown is positive

U.S. housing surge will help Canada

Fed to spend $45 billion per month on bonds

U.S. banks provide mortgage relief

When carrying debt makes sense

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