NewOak has appointed Donald McGuire as Chief Operating Officer and head of investment banking.

The merger between T-Mobile with MetroPCS Communications is a modest credit positive for collateralized loan obligations, In terms of CLO exposure, S&P reported that MetroPCS is in 331 deals and is the 26th ranked obligor.

Republican presidential candidate Mitt Romney sharply criticized President Barrack Obama’s failure to finalize a “qualified mortgage” rule, which has stifled the housing market.

The Basel Committee on Banking Supervision has tapped Charles Taylor from the Office of the Comptroller of the Currency to chair its standards implementation group.

The Valuation of Securities Task Force, which is a part of NAIC assigned to make recommendations that regulate investment risk, has proposed that the economic scenarios used in the 2012 yearend modelling process for CMBS and RMBS should stay similar to 2011.

One other ingredient critical to Nationstar's meteoric rise is a deal it struck with Fannie Mae at the height of the mortgage servicing crisis.

Brean Capital has continued its expansion into fixed-income products by hiring Scott Buchta as head of fixed-income strategy.

The market for U.S. credit card ABS hit two milestones during September, both encouraging signs for the asset class.

This morning the Mortgage Bankers Association reported a 19.6% surge in the Refinance Index to 5888 in the week ending Sept. 28, its highest level since April 2009.

Residential Capital (should be barred from selling its loan servicing unit until it provides more information about the deal, investors who bought ResCap mortgages said in court papers.

Zillow, the real estate Web site, fell yesterday after the SEC asked the company to respond to questions about how it reported revenue.