Pending home sales surged 7.3% to a reading of 100.1 in November, its highest level in 19 months, from an unrevised 10.4% increase to 93.3 in October, according to a report released Thursday by the National Association of Realtors.
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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.
February 10 -
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.
February 10 -
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."
February 10 -
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Massachusetts’ top securities regulator has asked Bank of America to turn over documents related to two CLOs.
February 10
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Bond-insurer Assured Guaranty Thursday announced it was doubling the quarterly dividend to 9 cents per share.
February 10 -
Bond insurer MBIA has admitted to making errors in its application to regulators seeking to split the company in two.
February 10 -
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.
February 10 -
Coming off a strong January for new deals, and encouraged by improved economic news, sentiment in the U.S. CLO market has taken a giddy skip from guarded optimism to bullishness — a little too bullish, according to some market participants.
February 10 -
We've only just begun.That was clear message delivered Thursday by state and federal officials announcing a $25 billion mortgage servicing settlement.
February 10 -
Barclays Capital analysts said in a report released yesterday that large region-specific note and REO auctions have become a regular feature in the past year.
February 10 -
In addition to national mortgage servicing settlement, Nevada has reached a side deal with Bank of America, state Attorney General Catherine Masto announced late Thursday.
February 10