Fitch Ratings today released a report looking at the global exposure to refinancing risk in the structured finance and covered bonds markets.

The past is coming back to haunt former Fannie Mae chief executive James A. Johnson.

A $20 billion package of residential mortgage servicing rights being offered by Bank of America has yet to trade even though the bidding ended about two weeks ago, according to investment bankers familiar with the deal.

Don Curtis, vice president of business development for Carrrington Mortgage Services, Santa Ana, Calif., has left the company.

Price guidance a new $414 million CLO to be managed by Sankaty Advisors has emerged in line with other recent transactions, according to two people familiar with the deal.

Bearish technicals around the Federal Reserve's potential asset sales out of its Maiden Lane III portfolio are still weighing on the CMBS market, according to JPMorgan Securities analysts in their most recent weekly report.

Sterling covered bond volume has been quite high beginning in 2012. Public placement volumes are already more than the levels seen in any previous year, Moody's Investors Service said in a new special comment published today.

Securitization in non-traditional ABS asset classes will increase this year, according to a Standard & Poor's report emailed this morning.

The mortgage industry will be saddled with high legal costs if the Consumer Financial Protection Bureau (CFPB) provides a low bar for attorneys to challenge a lender’s adherence to the bureau’s “ability to repay” underwriting standards, according to the Consumer Mortgage Coalition (CMC),which represents some of the nation’s largest banks.

Enterprise Fleet Management (EFM) is in the market with a $497 million transaction rated by Moody's Investor Service and Standard & Poor's.

Raj Date, the deputy director of the Consumer Financial Protection Bureau (CFPB), said the agency wants to avoid creating "disincentives" for mortgage lenders and banks as part of the qualified mortgage (QM) rule.Date also assured consumer and civil rights groups that access to credit is a "priority" for the agency and there will be "real consequences" for mortgage lenders that do not properly assess a borrower's ability to repay a loan.

Whole Loan Capital (WLC), New York, is in the market with a $4.8 billion 'flow' servicing deal that will be sourced through a handful of different lenders.