The government-owned Ally Financial has agreed to sell $1 billion worth of senior notes to a group of underwriters including Barclays Capital, Citigroup, Goldman Sachs and Morgan Stanley.

For the third straight week, 30-year fixed mortgage rates were unchanged at its record low of 3.87% said Freddie Mac in its weekly survey.

Fitch Ratings released a report yesterday about assessing the risk of container ABS, which is a cyclical asset class.

Citigroup agreed Wednesday to pay $158.3 million to settle claims that its mortgage unit improperly originated Federal Housing Administration (FHA) loans, a swift reminder that the massive national mortgage deal does not insulate banks from other mortgage-related claims. The settlement of FHA claims comes less than a week after Citigroup joined the four largest mortgage servicers in a $25 billion settlement with state attorneys general and the Department of Justice. That deal covered the banks' abusive mortgage and foreclosure practices collectively known as robo-signing.Citigroup separately on Wednesday agreed to settle the FHA-related claims made in a lawsuit filed by Preet Bharara, the U.S. Attorney for the Southern District of New York, Helen Kanovsky, general counsel for the Department of Housing and Urban Development (HUD), and HUD's Inspector General David A. Montoya.

BlackRock, the investment firm headed by MBS veteran Larry Fink, recently increased its position in PennyMac Mortgage Investment Trust to 5.48%, more than double its last recorded stake.

Regulators said Wednesday they are extending the deadline for borrowers to request an independent foreclosure review under the consent orders signed by 14 mortgage servicers last April.

Nationstar Mortgage, the nation's 11th largest servicer, is in talks to buy all or parts of Aurora Loan Services (ALS), according to industry advisors close to the situation.

Fitch Ratings today released a presale on the $282 million Global Tower Partners (GTP) series 2012-1 and 2012-2.

Results of a recently-closed tender offer for structured bonds by Spain’s Catalunya Banc indicate that investors’ attachment to this paper is stronger than anticipated, at least at the prices offered by the issuer, according to a note by Barclays Capital analyst Dipesh Mehta.

Liz Frederick has been named the new managing director of Kane USA, a global provider of specialist insurance management services.

Analytics provider CoreLogic announced a new data-enhanced, appraiser-certified evaluation tool.

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.