Freddie Mac's weekly mortgage rate survey reported new record lows for 30- and 15-year fixed mortgage rates in the week ending July 26. The 30-year rates averaged 3.49%, down four basis points from last week, with the no point rate at 3.67%. 15-year fixed rates averaged 2.80% versus 2.83% previously.

Barclays Bank Delaware's (BBD) trust will issue the first credit card securitization that will fall under the Federal Deposit Insurance Corp.'s (FDIC) new Safe Harbor rule, Moody's Investors Service analysts said in yesterday's Credit Card Statement report. The agency adopted the rule on September 27, 2010.

Consumers have become more cautious in using their credit cards as issuers tighten their lending standards. Delinquency rates have also been decreasing.

Hudson City Bancorp—one of the largest buyers of correspondent loans in the New York/New Jersey area—plans to sell more of its production into the secondary market going forward.

WASHINGTON - Sales of new single-family houses fell 8.4% to a seasonally adjusted annual rate of 350,000 in June, the Commerce Department reported Wednesday.

CoreLogic is now offering a new product called RiskModelDIRECT for large and smaller banks and investors to retrieve CoreLogic Risk Model projections for non-agency RMBS advanced prepayment, default, severity, and delinquency rate.

VantageScore Solutions has released a white paper that answers frequently asked questions related to improving credit scores titled “Assume the Role of Managing Your Credit Prudently and Watch Your Credit Score Improve.” I

There’s leverage, and then there’s leverage, according to a recent Moody’s Investors Service commercial mortgage-backed securities report.

Overall mortgage application activity rose a slight 0.9% in the week ending July 20 as higher refinancing activity more than offset a decline in purchase activity.

Several large and regional banks have disclosed in recent days what their capital ratios would look like if Basel III were in effect now and early results show that First Horizon National, Huntington Bancshares, SunTrust Banks and TCF Financial would take the biggest capital hits if they do not take steps to change their asset mix.

In its July legal update, Dechert described the re-launching of China's ABS program as a “milestone” in the development of ABS in the country.