The European Central Bank announced a relaxation of its criteria for repo eligibility on Friday.
- Europe
The German bank placed a synthetic securitization backed by mezzanine risks worth €120 million.
August 15 -
Stabilizing fundamentals and favorable performance so far this year has reduced Fitch’s concerns over potential losses for life company mortgage investments.
August 15 -
A CMBS bond from the top of the cashflow waterfall in a JPMorgan conduit deal was hit with an interest shortfall this month.
August 15 -
Six federal financial regulatory agencies are looking over a proposed rule to establish new appraisal requirements for "higher-risk mortgage loans."
August 15 -
The proposals are a potential credit negative for RMBS if they cover securitized loans, according to a Standard & Poor's note released this morning.
August 15
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The debate inside the Republican Party over the future of Fannie Mae and Freddie Mac has taken a right turn with Mitt Romney's selection of Rep. Paul Ryan as his running mate.
August 15 -
The Mortgage Bankers Association reported its Refinance Index declined 5.1% to 5077.3 in the week ending Aug. 10.
August 15 -
Rahm Emanuel on Tuesday shot down the idea of the city's plan to seize underwater mortgages, the Chicago Tribune reported.
August 14 -
Moody's said that the increasing number of consolidated loans will lessen excess spread availability to cover loan losses from poorer-quality borrowers.
August 14 -
The bank will pay over $6.5 million to settle claims that its brokerage firm and a former executive did not properly disclose risks in MBS investments.
August 14 -
The data provides a good early projection of shifts in bank assets and liabilities.
August 14 -
Some firms grew their MSR portfolios by fourfold or more over the past 12 months.
August 14