House Democrats are pushing back on the Federal Housing Finance Agency's (FHFA) move to block the city of Chicago from enforcing an ordinance that requires Fannie Mae and Freddie Mac to register their foreclosed properties with the city.
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Bank of New York Mellon Corp. has named one of its longtime executives to head up its trust company.
February 7 -
After a yearlong effort to reach a multistate settlement with the top five mortgage servicers, state attorneys general and the firms involved finally appear to be close to a deal.
February 7 -
Moody's Investors Service in mid-January updated its rating methodology report for FFELP student loan ABS.
February 7 -
Optimism among market participants regarding CLO issuance in 2012 appears to have increased in the past few weeks.
February 6 -
Two new covered bonds from peripheral Eurozone issuers priced last week. The Italian Lender, Intesa San Paolo issued a €1.5 billion ($1.96 billion), 1.5-year unsecured bond at 295 basis points over mid swaps.
February 6
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A House Financial Services subcommittee is slated to mark up a Federal Housing Administration (FHA) reform bill Tuesday that establishes a minimum annual mortgage insurance premium and extends the agency's indemnification requirements to all approved lenders.
February 6 -
Lloyds Bank has priced its U.K. RMBS deal from the bank's Arkle master trust.
February 6 -
Ford Motor Credit Co. is in the market with Ford Credit Master Owner Trust 2012-1 (FCMOT 2012-1). This deal is backed by dealer floorplan loans sponsored by Ford Credit.
February 6 - Europe
Fitch Ratings continues to expect an orderly debt restructuring for Greece, a view that shapes its opinion on the prospects for Greek structured finance deals.
February 6 -
Credit Agricole Corporate and Investment Bank (CIB), which is Credit Agricole Group’s corporate and investment banking arm, appointed Frederic Truchot as head of fixed-income markets.
February 6 -
The California Attorney General has returned to the 'robo-signing' talks after a four-month absence to possibly take part in a multi-state settlement with the nation's largest residential servicers, according to combined press reports early Monday morning.
February 6 -
Barbara Desoer, the president of Bank of America's home loans division who was once considered a possible successor to former Chief Executive Ken Lewis, will retire at the end of February, BofA said Friday.
February 6