The regulator's demands for ending the action were excessive, Ocwen claimed.
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Deals, trends and research in structured finance and asset-backed securities for the week of Jan.7-14
January 15 -
The FHFA and Treasury will allow Fannie Mae and Freddie Mac to hold more capital as part of the Trump administration's plans to release the companies from conservatorship. But it is unclear whether the incoming Biden administration will keep the mortgage giants on the same reform path.
January 14 -
While the annual total marks a 16-year low, the numbers are likely to change dramatically once government moratoria expire, according to Attom Data Solutions.
January 14 -
A slower-than-expected rollout of the COVID-19 vaccines and the threat of social unrest after the Jan. 6 riot at the U.S. Capitol could threaten the recovery, according to an American Bankers Association panel.
January 14 -
The railcar equipment notes are secured by a portfolio of 5,770 units which are almost all being utilized through full-service leases.
January 14
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A new global quarterly survey from the IACPM shows dissipating worries over COVID-19, giving way to angst of how businesses will cope with inflation and an inevitable rising-rate environment in the long-term.
January 14 -
Mortgage rates, whose movements until now had not reflected gains in the benchmark 10-year Treasury yield, rose 14 basis points this week, according to Freddie Mac.
January 14 -
The Office of the Comptroller of the Currency finalized a rulemaking Thursday morning opposed by the industry that forces the largest banks to provide services to gun businesses and other sectors to which banks have curtailed lending.
January 14 -
The SFA on Wednesday released a statement saying the organization could not “responsibly consider” contributing to future campaigns to U.S. House or Senate members who sought to nullify Electoral College results.
January 13 -
The weighted average seasoning is 34 months, well above that of prior Invictus-sponsored deals on the Verus shelf that are typically new originations under 10 months.
January 13 -
The transaction finances the loan portion of a $989.5 million acquisition of warehouse and distribution properties located in nine states.
January 13 -
Commercial real estate portfolios have held up better than expected during the pandemic. But rising delinquencies and fears of a delayed economic recovery are renewing questions about credit quality.
January 12