Mortgage application activity was essentially flat at +0.2% in the week ending Oct. 28, said the Mortgage Bankers Association (MBA).
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Fannie Mae's latest multifamily DUS REMIC priced under its guaranteed multifamily structures program included some exceptionally large orders and saw high demand for a yearend auction.
December 16 -
Apollo Global Management said today it agreed to acquire Stone Tower Capital, an investment firm that manages 12 CLOs, for an undisclosed sum.
December 16 -
Redwood Trust said it is currently seeing a very robust pipeline of potential CMBS transactions.
December 16 -
The Securities and Exchange Commission on Friday sued Richard Syron, the former chief executive officer of Freddie Mac, and Daniel Mudd, ex-CEO of Fannie Mae, over disclosures they made about subprime assets the GSEs invested in.
December 16 -
With Congress moving closer to raising the guarantee fee on Fannie Mae and Freddie Mac loans, a proposal to hike Ginnie Mae fees by an equal amount is being circulated on Capitol Hill, National Mortgage News has learned.
December 16
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Fannie Mae is giving the mortgage servicing industry's handling of troubled government-backed loans a makeover. But it would rather do so in private.
December 16 -
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Congressional Republicans have long been calling for the federal government to reduce its involvement in the U.S. housing market.
December 15 -
KeyBanc Capital Markets has hired Steve Rielly from UBS to oversee loan trading, ASR sister publication Leveraged Finance News has confirmed.
December 15 -
Mortgage rates declined in the week ending Dec. 15, according to Freddie Mac's weekly survey. 30-year rates fell five basis points to 3.94% with an average 0.8 point, matching its all time low set in the week ending Oct. 6.
December 15 -
The credit performance of private student loan ABS will stay weak in 2012 given the current different macroeconomic factors, Moody's Investor's Service stated in a report released today.
December 15 -
A House Financial Services subcommittee has approved a bill that would establish a foundation for a new private-label securitization market for mortgages.
December 15
