Standard & Poor’s Director Eric Gretch said the agency expected financial future flow transactions from new jurisdictions, although he did not offer an anticipated timeline in a video posted on S&P’s Web site.
-
Federal Reserve chairman Ben Bernanke is pressuring the Federal Housing Finance Agency (FHFA) to take additional steps to make the newly implemented Home Affordable Refinancing Program (HARP) 2.0 program more accessible for homeowners with GSE loans.
January 5 -
The American Securitization Forum (ASF) announced today that John Walsh, acting comptroller of the currency, will give a keynote speech at ASF 2012.
January 4 -
Two more Standard & Poor's executives whose respective roles have included oversight of MBS ratings are leaving the company, possibly as part of an ongoing reorganization, according to a recent Wall Street Journal report.
January 4 -
CBL & Associates Properties closed four separate loans totaling $383 million last month.
January 4 -
The White House Wednesday morning signaled its intention to make former Ohio Attorney General Richard Cordray the first director of the Consumer Financial Protection Bureau (CFPB)through a recess appointment.
January 4
-
European buyout firm CVC Capital Partners has agreed to buy Resource America’s CLO unit in a move to expand in the U.S., the two companies said in separate statements today.
January 4 -
Jerome Selitto has resigned as president and chief executive of PHH Corp., Mt. Laurel, N.J., and has been replaced by the company's chief operating officer Glen Messina.
January 4 -
Knight Capital Group has appointed a director of institutional credit sales responsible for selling bank loans and high yield bonds to large European investors.
January 4 -
Starting in 1Q12, Fannie Mae will begin disclosing loan-level data for its single-family MBS. The GSE's first release will offer at issuance loan-level data for newly issued single-family collateral.
January 4 -
The Collingwood Group acquired GWN Consulting, which is a firm specializing in Federal Housing Administration (FHA) and Ginnie Mae risk management and quality control.
January 4 -
A New York Supreme Court judge has ruled in favor of MBIA, allowing the bond insurer to gain more footing in its suit against Bank of America's Countrywide.
January 4 -
As expected, the holidays intruded on mortgage application activity as 30-year fixed mortgage rates closed out the year at their lowest level for 2011.
January 4