Bond insurer Assured Guaranty has reached a three-part deal with Radian Asset that expands Assured Guaranty’s portfolio and business.
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Moody's Investor Service this week went “negative” on the mortgage insurance industry, citing the sector's weak financials and calling its future “unclear.”
March 8 -
Continental Airlines this afternoon sold $892.14 million of passthrough certificates through a deal called Continental Airlines 2012-1 EETC.
March 8 -
The Federal Reserve Board today released action plans for supervised financial institutions HSBC North America Holdings, Ally Financial, and IMB HoldCo.
March 8 -
Servicers have increasingly opted to stop advancing principal and interest payments on delinquent subprime loans. This trend can have broad implications for bond values, FTN Financial analysts said in a report.
March 8 -
Sen. Chuck Grassley took the Justice Department to task Wednesday for its fair lending settlement with Countrywide Financial Corp., saying it will have minimal economic impact for affected borrowers.
March 8
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For the week ending March 8, Freddie Mac reported 30-year fixed mortgage rates averaged 3.88%, down two basis points from last week and one basis point above the recent 3.87% record low.
March 8 -
The volume of CMBS conduit loans that were liquidated in February fell significantly, dropping 43% from January's reading, according to CMBS data provider Trepp.
March 8 -
The Treasury Department said Wednesday it is selling $6 billion of its common stock in American International Group (AIG), half of which AIG intends to buy itself at the initial public offering price.
March 8 -
General Electric Capital Corp. (GE) is going to issue under its GE Equipment Transportation LLC, Series 2012-1. The deal will be sized at $716.5 million, according to a Securities and Exchange Commission (SEC) filing on the offering.
March 7 -
Walter Investment Management Corp. (WIM) lost $4 million in the fourth quarter and $69 million for the year because of costs tied to its purchase of Green Tree Servicing, St. Paul, Minn.
March 7 -
The 9.37% CMBS delinquency rate in February was lower both sequentially and compared to year-ago monthly figures by Trepp's measure.
March 7 -
Investment bank North Sea Partners has hired Steve Paras as managing director and head of European capital markets.
March 7