Citigroup, a somewhat frequent seller of nonperforming loans, is in the market with a $99 million package of troubled residential mortgages, according to investors that have looked at the package.

The Financial Industry Regulatory Authority (FINRA) has fined Citigroup Global Markets $3.5 million for posting inaccurate mortgage performance data, supervisory failures and other violations connected to subprime RMBS.

Moody's Investors Service became the second rating agency to restore Ford Motor Co.’s investment grade rating, a move that allows it to release the assets it uses as collateral for its outstanding loans – including its trademark blue oval symbol.

Bank of America is in the market with a $2 billion package of mortgage servicing rights tied to loans that reside in private-label securitizations, according to bidders and investors briefed on the package.

Sallie Mae will issue at least $6 billion or go up to $10 billion of SLABS this year. However, Kenneth Fischbach, director of capital markets at the firm, is envisioning around $8 billion of SLABS issuance from Sallie in 2012. These remarks were made at the American Securitization Forum annual meeting held this week in Washington D.C.

Washington is squeezing small banks and chasing off the private equity investors who could help them, financier Wilbur Ross says.

Panelists at this week's American Securitization Forum annual meeting drew comparisons between the mortgage market bubble to the one that is happening right now in student loans.

Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg expressed his support for the development of a U.S. covered bond sector at the American Securitization Forum's (ASF) annual meeting. The gathering is being held in Washington D.C. this week.

Freddie Mac has a new offering of its structured passthrough certificates that are backed exclusively by multifamily mortgages with a 7-year term worth roughly $1 billion.

SFC Associates, a securities and financial litigation consultancy, hired Chi Lee, Robert Maroney and Professor Chester Spatt to its structured products team.

Fannie Mae and Freddie Mac MBS should be combined into a single security, according to panelists at this week’s American Securitization Forum annual meeting being held in Washington, D.C.

A Senate hearing Tuesday is expected to highlight a long-running, closed-door battle between regulators over the strength of the Volcker Rule.