Servicers will likely avoid extending modifications as part of the $26 billion AG settlement since they will not be indemnified against investor lawsuits, according to a JPMorgan Securities report.

Auto ABS volume keeps getting bigger with three deals this week, further boosting the sector.

The mortgage insurance division of Genworth Financial is beginning to see a noticeable pick up in Home Affordable Refinance Program (HARP) refinancing applications, a sign that the '2.0' version of the program may finally be gaining traction.

In the past three years, the proportion of new-issue non-mortgage ABS deals placed in the private/144A market has risen considerably, according to a recent Barclays Capital report.

Carrington Capital Management, a unit of Carrington Holding Co., and American Home Mortgage Servicing (AHMSI) have agreed to bring to a close the action filed by Carrington against AHMSI in 2009.

Greek drama book-ended the week that led to sharp flight-to-quality trades on Monday and Friday. Meanwhile, Treasury supply weighed on the market the days in between, which caused 10-year note yields to surge to 2.047% by Thursday's close from 1.90% at Monday's close.

More than a day after the announcement of a mammoth national mortgage servicing settlement, the actual terms of the deal still aren't public. The Web site created for the national settlement lists the document as "coming soon."

Massachusetts’ top securities regulator has asked Bank of America to turn over documents related to two CLOs.

Bond-insurer Assured Guaranty Thursday announced it was doubling the quarterly dividend to 9 cents per share.

Bond insurer MBIA has admitted to making errors in its application to regulators seeking to split the company in two.

Depending on who you talked to, the massive mortgage servicer settlement announced Thursday was either a "criminal sell out" or a much-needed shot in the arm for the housing market.