The continued price growth in most markets should lead to increased recovery values for non-agency MBS investors, Bank of America Merrill Lynch analysts said.
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Redwood Trust, the most active securitizer of Jumbo loans in the nation, earned $40 million in the third quarter – double of what it took in 2Q12 – and unveiled plans to ramp up non-agency loan production over the next 12 months and beyond so it can securitize $300 million or more each month.
November 2 -
The CFPB and FHFA said Thursday they are teaming up to create a first-of-its-kind mega-database of mortgages to track market trends and support policymaking research.
November 1 -
Standard & Poors said that in October the weighted average default risk of the top 70 tenants in U.S. conduit/fusion CMBS transactions was unchanged.
November 1 -
The right price for private capital is a moving target. Much depends on regulations over legal liabilities and risk retention requirements for originators that are still in flux.
November 1 -
GE Capital announced a $421 million dealer floorplan master trust securitization deal as the fixed income bond markets reopened on Wednesday.
November 1
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BNP Paribas is marketing a €445mn, 2.4-yr senior tranche, French auto ABS deal named Autonoria 2012-2.
November 1 -
Since hitting a record low of 3.36% in the first week of October, 30-year rates have held to narrow range of 3.37% and 3.41%.
November 1 -
According to a report today from Citigroup Global Markets, U.S. consumer ABS spreads remain unchanged over this "Hurricane-Sandy-shortened week."
November 1 -
However, the widespread damage from Hurricane Sandy might result in a modest and temporary rise in mortgage delinquencies, Fitch Ratings said in a report released last yesterday.
October 31 -
Ally Financial said Wednesday that it has repaid $2.9 billion of debt issued under the Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program.
October 31 -
Opteum Mortgage Insurance Corp. filed an S-3 with the Securities and Exchange Commission to issue RMBS.
October 31 -
Starting Thursday, residential servicers approved by Fannie Mae and Freddie Mac can say yes to short sales without the consent of the mortgage insurer on the loan.
October 31