The MBS sector was off to the races as 2012 trading got underway and participants returned from the year-end holiday break. Books opened back up while the supply/demand technical outlook appeared very favorable.
-
Volkswagen Leasing GmbH is in the market with a new €718.5 million ($950 million) securitization of German auto lease receivables.
February 22 -
David Nelms may never escape his underdog status. But he's gotten adept at using it to his advantage.
February 22 -
The Federal Housing Finance Agency (FHFA) is turning its attention to short sales as part of its “servicing alignment” project.
February 22 -
UGL Services has launched a new group to provide financial analytics support and advisory services for commercial real estate distressed assets, leasing deals and capital markets-related transactions.
February 22 -
The Mortgage Bankers Association (MBA) expressed its support for the Federal Housing Finance Agency's (FHFA) proposals issued today on the next steps in GSE conservatorship.
February 21
-
Should Ally Financial break itself up, Wells Fargo & Co. would be a "likely buyer" of its North American automobile finance business because it is "one of the few large banks" that could afford the estimated $68 billion it would fetch, Keefe, Bruyette & Woods analysts wrote in a research note Tuesday.
February 21 -
Knight Capital hired several former MF Global mortgage credit sales and trading experts including Michael Corsi as managing director in mortgage sales and Rus Margolin as managing director in non-agency trading.
February 21 -
The Federal Housing Finance Agency (FHFA) is determined to continue its mission of shrinking the balance sheets of Fannie Mae and Freddie Mac and plans only to add product when the two need to buy delinquent mortgages out of delinquent MBS pools.
February 21 -
Data provider CoreLogic today released a new default servicing platform to help streamline how mortgage servicers manage loans in all of the default lifecycle stages.
February 21 -
John Deere Capital Corp. is in the market with a transaction worth $998.76 million. The underwriters are JPMorgan Securities and Deutsche Bank Securities. It is from the firm's John Deere Owner Trust 2012.
February 21 -
Given the ugly employment picture in the U.S., now isn't exactly the best time for a company to be crowing about how cheap its labor costs are thanks to overseas outsourcing.
February 21 -
The PrinceRidge Group has made two hires within the firm's expanding MBS division.
February 21