As commercial banks weigh the effects of Basel III on mortgage servicing rights and capital, nonbank residential servicers are posting the strongest growth rates in the industry.

Rates have dropped 11 basis points over the past two weeks and are within six basis points of July's record low 3.49%.

The Dusseldorf, Germany-based bank claims Citigroup and Goldman Sachs made "material misrepresentations" about the loans backing the securities

Increased adverse selection in pre-2005 RMBS mortgage pools has led to higher delinquencies for pre-2005 loans, according to a Fitch Ratings report.

The Aon Benfield report said that 2Q12 concluded the most active first half in five years.

Willis Lease Finance Corporation said in a Sept. 6 press release, that it is planning a $390 million securitization of commercial jet engine leases.

In its Request for Comment, Standard & Poor's projected that the changes will impact roughly 25% of outstanding U.S. and Canadian CMBS ratings, but the final version only affects 10%.

A downpayment requirement in the ‘Qualified Residential Mortgage’ rule will create a barrier to homeownership for low- and moderate-income families, six consumer groups said.

The Stamford, Conn.-based firm is marketing a cash-flow deal with a target par amount of $250 million.

Federal regulators are seeking public comment on their new Basel III capital proposals and there are hints they may be changing their stance on private mortgage insurance when it comes to calculating risk weightings for residential mortgages.

Equipment leasing company LEAF Commercial Capital plans to issue three triple-A rated tranches insured by Assured Guaranty Corp.

Analysts at DBRS, in a report published today, said that the renewed interest in reforming the bankruptcy law to make writing off student loan debt a possibility won't necessarily create the "moral hazard" some lenders fear.