Freddie Mac reported a slight easing in fixed-related mortgage rates in the week ending April 5. The 30-year rates averaged 3.98%, down one basis point from last week; 15-year rates slipped to 3.21% from 3.23%, while 5/1 hybrid ARMs were at 2.86% from 2.90%.
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The Federal Reserve Bank of New York said today that Citigroup had won the latest bidding process for another portion of the Maiden Lane III portfolio.
May 24 -
Residential Capital's bankruptcy filing on May 14 is a credit negative for two major bond insurers, Moody’s Investors Service said.
May 24 -
Chariot Funding LLC and Jupiter Securitization Co. LLC financed a £750 million ($1 billion) consumer loan facility.
May 24 -
Natixis Global Asset Management (NGAM) made new hires to its Northern European sales and marketing teams.
May 24 -
Commercial real estate prices, as they are measured by Moody's Investors Service/Real Capital Analytics (RCA) Commercial Property Price Indices (CPPI) national all-property composite, remained flat in March.
May 24
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Freddie Mac has released a statement that Bank of America will be repurchasing $330 million loans out of its Freddie pools because of reps and warrants contractual issues.
May 24 -
JPMorgan has established price guidance on a $513.35 million CLO it is marketing for Carlyle Investment Management, according to Reuters.
May 23 -
Markit will add U.S. CMBS to its evaluated bond pricing service. Prices in the sector will be supplied by CMBS analytics provider Trepp.
May 23 -
Commercial lender CIT Group said today it named Neil Wessan a managing director and head of its capital markets group, effective immediately.
May 23 -
Private student lenders are increasingly offering fixed-rate products to borrowers attracted to the stability of the loan.
May 23 -
The idea of a student loan debt bubble looks exaggerated especially when compared to residential mortgages, securitization market experts said.
May 23 -
Press reports continue to mount over the possible exit of Greece from the eurozone, which can cause Greek RMBS defaults.
May 23