Neither Western nor Canadian proposals for improving credit rating agency (CRA) efficiency will be effective, according to the latest report from the Canadian non-profit C.D. Howe Institute.
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The National Association of Realtors said that it hopes the Fed’s decision to buy more MBS will lower mortgage rates and stimulate demand in the housing sector.
September 18 -
The independent third-party review firm has hired the securitization expert as general counsel, the company said in a release today.
September 18 -
The second lien market has been on the decline since the housing bust of 2008, but there’s growing evidence that business is starting to gain traction.
September 18 -
The CLO manager said today that it had tapped Jess Larsen for a new role developing and managing relationships with institutional investors in Europe and the Middle East.
September 18 -
Bradley Lerman was appointed as Fannie Mae executive vice president, general counsel and corporate secretary effective Oct. 1, the GSE said today in a release.
September 18
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The Mortgage Bankers Association said Monday that it has hired Pete Mills as its new senior vice president of residential policy and member services effective Oct. 1.
September 17 -
Barclays Capital analysts expect that publicly placed issuance for 2012 in the European asset-backed market will exceed their original forecast.
September 17 -
Ten industry groups are urging the Consumer Financial Protection Agency to issue a qualified mortgage rule allowing them to adhere to current underwriting standards without fear of litigation.
September 17 -
DBRS said today that rising subprime loan origination volumes and general economic improvement are still creating a positive momentum for the auto sector.
September 17 -
The $65 million Citigroup loan made to Waypoint Real Estate Group for investments in distressed single-family houses converted to rentals, may be a precursor to the much anticipated securitization of these assets.
September 17 -
Bank of America Merrill Lynch analysts' view on most senior FFELP and private student loan ABS remains positive, they said in a Sept. 14 report.
September 17 -
Wells Fargo analysts expect consumer ABS issuance to reach $170 billion in 2012, which is a 60% rise over last year. They also noted a modest shift to longer average lives in new deals.
September 17
