The top 10 sellers of mortgages to Fannie Mae and Freddie Mac pay 20 basis points in guarantee fees compared to 30 basis points for firms outside the top 100, according to a new report from Keefe Bruyette & Woods (KBW).
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Liz Frederick has been named the new managing director of Kane USA, a global provider of specialist insurance management services.
February 15 -
Analytics provider CoreLogic announced a new data-enhanced, appraiser-certified evaluation tool.
February 15 -
While the redenomination specter haunts the more financially fragile members of the eurozone, Kazakhstan has actually gone through the exercise, sparking deep losses in a local RMBS, according to a note by Moody’s Investors Service.
February 15 -
Refinancing activity increased just slightly in the week ending Feb. 10 as mortgage rates ticked up.
February 15 -
The apartment sector is projected to lead the housing market on the road to recovery, but growth in the multifamily sector will be highly uneven, industry experts said last week in Orlando.
February 15
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Capital One Financial Corp. on Tuesday cleared the final regulatory approval needed to buy ING Direct USA for $9 billion after nine months of talks.
February 15 -
Federal officials and state attorneys general released new documents Tuesday about the $25 billion multi-state servicing settlement, but still have yet to release a final settlement term sheet.
February 15 -
American Credit Acceptance is planning to sell a subprime auto ABS called American Credit Acceptance Receivables Trust Series 2012-1. The 144A securitization rated by Standard & Poor's is worth $150 million.
February 14 -
FICO scores cover a much wider demographic than proprietary models used by ABS issuers to predict collateral performance, according to FICO Senior Director Adem Yilmaz.
February 14 -
The leveraged loan market is hoping to dodge yet another bullet from the Dodd-Frank Act.
February 14 -
The Obama administration is urging Congress to extend a tax provision allowing troubled homeowners that complete a short sale — or benefit from a principal reduction — to avoid paying taxes on the discharged amount of their loan balance.
February 14 -
The growth in demand for multifamily properties will increase future agency CMBS supply, according to an FTN Financial research report released Tuesday.
February 14