Add the name of EverBank Financial to the list of bidders that have been kicking the tires at MetLife Home Loans, Irving, Texas.

Five industry trade groups have sent a new letter to Federal Housing Finance Agency (FHFA) director Edward DeMarco, telling him – more or less – that they believe the 'fee for service' (FFS) concept would be a disaster for both the industry and consumers.

The Financial Industry Regulatory Authority (FINRA) yesterday said it has fined Barclays Capital $3 million for misrepresenting delinquency data and inadequate supervision on the issuance of subprime RMBS.

Cantor Fitzgerald yesterday filed a form S-3 with the Securities and Exchange Commission (SEC) to issue CMBS under its CCRE Commercial Mortgage Securities trust.

Mortgage rates continue to fall even lower. Freddie Mac reported its recent weekly survey shows the average 30-year fixed-rate mortgage fell to 3.91%, the lowest point in four decades and the sixth time a new low has been reached during 2011.

Consumers soon will be paying more for government-backed mortgages now that the House and Senate have reached a deal to extend a payroll tax break for two months.The bill (H.R. 3630) pays for the payroll measure by hiking guarantee fees on Fannie Mae and Freddie Mac loans by 10 basis points. Lenders will pay the extra points but, more than likely, will past the cost onto borrowers.

Europe tops nearly everyone’s list of threats to the global economy, and the European Central Bank (ECB) has finally turned its bazooka on the festering crisis by providing $640 billion of three-year funding to the Continent’s banks.

Housing production in California was up in November for the fourth consecutive month. But builders in the Golden State are still on track to start the third lowest number of units on record in 2011.

Freddie Mac said Thursday that the average weekly rate for a 30-year mortgage has inched down to another record low.

Reed Smith has hired Tamara Box as head of structured finance. The new hire joins the firm's London office as a partner in the financial industry group (FIG). Box was previously the head of international structured finance at Berwin Leighton Paisner.

The Comptroller of the Currency (OCC) reported an acceleration in foreclosure actions during the third quarter as servicers lifted voluntary moratoriums implemented in late 2010 as the robosigning scandal escalated.