The Treasury Department on Friday said it is restructuring the terms of its investment in Fannie Mae and Freddie Mac, which could render them more dependent than ever on the government.

The recent weaknesses in the U.S. and struggles in the eurozone's sovereign debt loans have continued to keep prices lower for structured products, SecondMarket said.

BShould the FHFA raise fees high enough, it could eventually resurrect a private securitization market and shrink Fannie and Freddie.

The public report will be based on a tally of the relief provided so far on a state-by-state basis, monitor Joseph Smith said

The RUB13.2bln RMBS deal is the sixth for Russia's Agency for Housing Mortgage Lending.

New issue volume for credit card ABS has already surpassed 2011 volumes despite the contraction of receivables balances for existing credit card trusts.

Freddie Mac reported 30-year fixed mortgage rates averaged 3.62% for the week ending August 16, up three basis points from last week.

Lehman Brothers Holdings has removed WCAS Fraser Sullivan as the manager of a portfolio of commercial loans.

Jill Showell, who was formerly from PMI Group, becomes the mortgage servicer's senior vice president for government and community relations.

The automobile finance firm has acquired subprime auto loan lender Resurgent Auto Finance and has secured fresh capital for growth.

Small servicers would essentially be subject to many of the same requirements that came out of the $25 billion mortgage settlement.