Mike Perry, the chief executive at IndyMac before it was seized by the FDIC in 2008, has agreed to settle the last remaining negligence claim against him by the SEC by paying an $80,000 fine.
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The Credit Suisse deal called CSMC Trust 2012-CIM3 makes considerable effort to address R&W mechanics that continue to result in controversy and litigation for legacy RMBS, S&P analysts wrote.
December 3 -
Although the securitization market is still struggling to regain its post-crisis footing, there are glimpses of hope. In this month's cover story, for instance, Nora Colomer explores a potential source of new deal flow.
December 1 -
One of the few positive outcomes of the financial crisis has been the strong performance of consumer ABS, which has become the gift that keeps on giving to investors
December 1 -
The private-label RMBS market may experience a quadrupling in volume in 2013 over 2012 as issuers see more favorable terms.
December 1 -
The European securitization market has been stuck in a holding pattern, thanks largely to regulatory uncertainty, and it is likely to remain so through next year.
December 1
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As policymakers mull the future of U.S. mortgage policy,FHFA chief Edward DeMarco sees a potential starting point in an entity he does not regulate: the FHA.
December 1 -
Given the importance of housing to MBS credit and prepayment performance, MBS investors have always kept one eye on trends in national and regional real estate markets.
December 1 -
Utilities and regulators are pushing to meet evolving green energy requirements, and securitization offers a cost-effective way to finance the cleanup.
December 1 -
CMBS have enjoyed a steady recovery in spreads and dramatic improvement in credit performance this year, setting the stage for a pickup in issuance in 2013.
December 1 -
A highlight in the month was Barclays Bank's first SEC-registered credit card platform called Dryrock Issuance Trust.
December 1 -
See results from the Mortgage Bankers Association's Refinance and Purchase Indexes as well as the weekly mortgage rates surveyed by Freddie Mac.
December 1 -
View the year-to-date manager rankings for the different ABS sectors, including real estate, credit cards and autos.
December 1