Jon Corzine, former head of MF Global, who was subpoenaed last week to testify in front of Congress, could shed some insight over where the missing MF Global funds ended.
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It would cost Fannie Mae and Freddie Mac almost $100 billion to write down the principal on the underwater loans they control to current market values, according to a new estimate released by the Federal Housing Finance Agency.
January 24 -
The state attorney general leading settlement talks with the country's top mortgage servicers batted down speculation Monday that a deal had been reached.
January 24 -
Cantor Fitzgerald & Co. plans on doubling its ABS and covered bond trading and sales European unit this year, according to a Bloomberg report.
January 24 -
RIFCO National Auto Finance Corp. has received a new, $20 million securitization facility through Aviator Trust.
January 24 -
Acting Comptroller of the Currency John Walsh in remarks prepared for delivery at ASF 2012 said it was hard to imagine full recovery of the financial system without the liquidity and funding avenues provided by a well functioning securitization market.
January 24
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Panelists on the credit card panel at ASF 2012 said that on a relative value basis the asset class has performed well, although it has seen some recent technical dislocation.
January 24 -
With the whole market still unsure of when home prices will hit rock bottom, investors remain wary of the private-label RMBS market.
January 24 -
Although there are channels of liquidity in the securitization market such as autos and CLOs, areas of dislocation remain because of regulatory uncertainty, according to panelists at ASF 2012 being held in Las Vegas this week.
January 24 -
In his welcome address at the American Securitization Forum’s (ASF) ASF 2012, Ralph Daloisio, managing director at Natixis, referred back to 2011 as “the year of revival.”
January 23 -
A regulatory proposal to require a minimum downpayment of 20% on 'qualified residential mortgages' will make it more expensive for first-time homebuyers to obtain private mortgages, according to the Mortgage Bankers Association.
January 23 -
DataQuick, a provider of real estate information solutions, today released RiskFinder Distress at ASF 2012.
January 23 -
According to ASR sister publication National Mortgage News, reports have surfaced regarding two top 10 ranked banks that are working on Jumbo deals for later in the year.
January 23