KeyBanc Capital Markets has hired Steve Rielly from UBS to oversee loan trading, ASR sister publication Leveraged Finance News has confirmed.
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Third-party review firm Allonhill hired Lorie Helms as Chief Technology Officer. The new hire
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Fitch Ratings has released its outlook on utility tariff securitizations. The rating agency stated that it expects strong asset performance from the sector.
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Investors represented by Gibbs & Bruns have issued instructions to US Bank, Wells Fargo, and Deutsche Bank, as trustees, to open investigations to find ineligible mortgages in pools backing over $25 billion of RMBS issued by various Morgan Stanley affiliates
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Legg Mason Global Asset Management has launched Permal Hedge Strategies Fund a fixed income focused multi-manager, multi-strategy fund of hedge funds.
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The Federal Housing Finance Agency (FHFA) is preparing to back away from a controversial plan to overhaul the minimum servicing fees paid on Fannie Mae and Freddie Mac loans, after intense, across-the-board industry opposition to the idea.
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The National Credit Union Administration (NCUA) said Tuesday it disagrees with a tentative ruling by a federal judge that would dismiss its suit against RBS Securities in the failure of WesCorp Federal Credit Union.
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Analytics provider Lender Processing Services (LPS) has stated that its LPS Applied Analytics division updated its home price index (LPS HPI) with residential sales concluded in November 2011.
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The volume of CMBS conduit loans liquidated in January spiked sharply, jumping 51% from December's reading, according to Trepp data.
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Mortgage application activity slipped 2.9% in the week ending Jan. 27 with the Refinance Index declining 3.6% to 4113.8.
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To facilitate “streamline” refinancings, the Federal Housing Administration (FHA) will no longer rank lenders based on the performance of those loans in its Neighborhood Watch system.
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The Federal Housing Finance Agency (FHFA) has announced that investors interested in its Real-Estate Owned (REO) Initiative may “pre-qualify” to establish eligibility to bid on transactions in the initial pilot phase as well as subsequent phases.
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As if new capital requirements penalizing risky asset-backeds weren't enough, banks may soon have to pay higher deposit insurance assessment fees relative to the riskiness of the ABS they hold on their books. This further challenges their participation in the securitization market.
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