The Government National Mortgage Association (GNMA) is in no rush to sell the $11.5 billion of mortgage servicing rights that it inherited almost two years ago when nonbank lender/servicer Taylor, Bean & Whitaker failed.
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Manager Activity: Autos Book Runner Amount (US$ Mil) Rank Mkt.
August 3 -
2012 2011 2010 ABS (Public + 144A) 143,716.1 85,834.2 82,215.6 ABS (Public + 144A excluding CDOs) 130,172.4 79,783.8 80,965.3 ABS (Public Only) 83,886.8 43,832.5 39,491.2 ABS (144A Only) 59,829.4 42,001.7 42,724.3 Non-Agency MBS 33,218.1 45,437.9 13,192.7 Agency MBS 190,415.8 253,566.9 308,276.8 CMBS 21,582.6 26,152.5 15,255.9
August 3 -
The factors would appear to be in place. The Dodd-Frank Wall Street Reform and Consumer Protection Act's Volcker Rule places new restrictions on the big Wall Street banks' bond inventories that, along with new Basel III capital rules, should increasingly push trading of fixed-income, including ABS, to electronic markets.
August 3 -
MORTGAGE DATA 30-yr. Fixed 15-yr. Fixed 5-yr Treasury 1-yr Treasury- MBA Refi Home Purchase Rate Mortgage Rate Mortgage Indexed ARMs Indexed ARMs Index Index Week ending 08/30/12 3.59%
August 3 -
Abandoned after the financial crisis, commercial real estate (CRE) is once again becoming fertile ground for loan growth.
August 3
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President Obama disagrees with the Federal Housing Finance Agency's (FHFA) refusal to allow principal reductions on mortgages but can do little to stop it, according to Housing and Urban Development secretary Shaun Donovan.
August 3 -
World Omni Financial Corp. today filed an S-3 the Securities and Exchange Commission (SEC) to issue under its World Omni Auto Receivables Trust.
August 3 -
With the passing of the fifth anniversary of the onset of the crisis, Fitch Ratings clarifies that the structured finance market is “not the culprit” of the economic downfall that hit in July 2007.
August 3 -
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Ocwen Financial continues to have a ravenous appetite for mortgage servicing rights (MSR), having closed on $42.2 billion of product in the second quarter while lining up a $2.4 billion deal that will close in September.
August 2 -
Former CMBS strategist for UBS Securities filed complaints with different courts, claiming that UBS and its parent corporation, UBS AG, fired him unjustly.
August 2 -
Streamline refinancing applications have more than doubled since the Federal Housing Administration (FHA) opened a special program on June 11 for existing FHA borrowers who had not refinanced since May 2009.
August 2