The Association for Financial Markets in Europe (AFME) has released best practice guidelines for non-investment grade debt issuers which, if adopted, are expected to materially improve disclosure and transparency.
-
Data provider Lender Processing Services (LPS) reported today December 2011 month-end mortgage performance statistics derived from its loan-level database of close to 40 million mortgage loans.
January 19 -
Russian bank VTB 24 is looking to do a securitization of its car loan portfolio and might announce this transaction in 1Q12, according to Interfax Information Agency report.
January 19 -
Freddie Mac reported a new low of 3.88% on 30-year fixed mortgages for the week ending Jan. 19, down one basis point from last week.
January 19 -
Freddie Mac yesterday afternoon released the results of its 28th Annual Adjustable-Rate Mortgage Survey of prime loan offerings. The GSE conducted the survey from Jan. 3 to Jan. 5.
January 19 -
Carrington Holding Co. announced an agreement with certain investment funds managed by Oaktree Capital Management to fund the purchase of up to $450 million in distressed single family homes on a national basis.
January 18
-
The nation's attorneys general, the Department of Justice and the U.S. Department of Housing and Urban Development (HUD) are “very close” to finalizing a legal settlement to settle 'robosigning' allegations levied against the nation's dozen or so top-ranked servicers, HUD secretary Shawn Donovan said Wednesday morning.
January 18 -
Greenberg Traurig hired Juan Manuel Gonzalez Bernal as a shareholder in its newly established office in Mexico City.
January 18 -
An 11th-hour settlement is expected to stave off potential class action status in a lawsuit that claims foreclosed borrowers were overcharged for attorneys’ fees that the Mortgage Electronic Registration Systems (MERS) did not actually incur.
January 18 -
Cantor Fitzgerald & Co. has expanded its U.S. equity research sector coverage by hiring a dedicated REITs research team.
January 18 -
Freddie Mac hopes to issue more Mortgage Linked Amortizing Notes similar to the one it priced late last week.
January 18 -
The Refinance Index surged 26.4% to 4500.6 in the week ending Jan. 13 and it is closing in on 2011's record high of 4866.7 set in mid-August. This was reported by the Mortgage Bankers Association (MBA) this morning.
January 18 -
Clayton Holdings has completed the acquisition of West Valley, Utah-based Green River Capital, which offers REO, short sale and broker price opinion (BPO) services.
January 18