While testifying before the House Subcommittee on Capital Markets and Government Sponsored Enterprises today, American Securitization Forum (ASF) Executive Director Tom Deutsch advised policy makers to thoroughly analyze how the implementation of the Dodd-Frank Act’s various rules will cause cumulative harm to the securitization market.
-
Kevin Cooke Jr. has joined Carrington as managing director.
August 30 -
mortgage rates turned lower in the week ending August 30 as yields rallied last week in response to the FOMC minutes.
August 30 -
Moody's Investors Service said today that it will rate Motor 2012 PLC, a car loan securitization deal issued by Santander U.K.
August 30 -
-
The agency’s proposal exempts small servicers from just one of the nine categories in the proposal.
August 29
-
U.S. District Judge Sidney Stein in Manhattan today granted preliminary approval to the agreement and ordered a hearing for Jan. 15.
August 29 -
The payment relief includes the offering of principal reductions to 28,000 borrowers and the refinancing of underwater loans.
August 29 -
The Mortgage Industry Advisory Corp. is offering the portfolio in a one-round, sealed bid auction set for Sept. 24
August 29 -
The SEC wants R.R. Donnelley & Sons to turn over certain due diligence records the firm prepared for investment banks that underwrote the ResCap MBS.
August 29 -
The industry veteran,who most recently served as a senior research fellow at Standard & Poor's, has left the firm to pursue other interests.
August 29 -
The drop, however, was less than the prior week's 9.2% as lower mortgage rates likely sparked some interest.
August 29 -
The investors accused Citigroup of understating the risk of default of the residential loans packaged into two mortgage-backed trusts..
August 28