Reading “The Lost Bank: The Story of Washington Mutual — The Biggest Bank Failure in American History,” journalist Kirsten Grind's in-depth investigation into the demise of Washington Mutual, was an emotional experience for me as a former "WaMulian" and a named character in the book. I knew that Kirsten had really done her homework based on how many times she called me with questions as she relentlessly pursued the story, but I never imagined how much truly stunning information she would dig up. I laughed, I cried (at least twice), and I gasped out loud as I read a story I thought I knew so well. Who knew a book about a bank could be such a gripping read? Who knew there was so much more to tell?
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Nissan Motor Acceptance Corp. is planning to issue a transaction under its Nissan Auto Receivables Owner Trust.
August 28 -
Kelly Thompson Cochran will now serve as the acting assistant director for regulations at the Consumer Financial Protection Bureau.
August 27 -
The federal regulatory monitor of the robo-signing agreement with the five servicers has recruited five directors to help manage the Office of Mortgage Settlement Oversight.
August 27 -
Hertz Chairman Mark Frissora said that, over time, Hertz would assume Dollar Thrifty’s financing of its fleet of rental cars that are currently financed via securitization.
August 27 -
The National Association of Realtors projected that multifamily vacancy rates will fall to 4.2% this quarter versus 5.6% a year ago.
August 27
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The most recent collateralized debt obligation rated by Standard & Poor’s would bring total issuance in the sector in the year to date to $23.8 billion, according to the agency.
August 27 -
ResCap has been scaling back over the past year and its ability to attract new talent could bode well for the company.
August 27 -
Barclays Capital said that from 2010, U.K. and Canadian credit card lenders have issued roughly $11.5 billion of ABS notes backed by non-U.S. dollar-denominated receivables.
August 24 -
Minutes boost QE3 odds and lower coupons
August 24 -
Regulators, the agencies and the Fed can help ensure that the student loan market is liquid and that there is risk pricing, said Consumer Financial Protection Bureau student-loan Ombudsman Rohit Chopra.
August 24 -
Borrowers are paying down their debts across a number of credit categories — with the big exception being student loans, according to new data published by Equifax.
August 24 -
The GSE reported Friday morning that it purchased $32.5 billion in loans from mortgage lenders in July, down from $44.1 billion in June.
August 24