European market volatility has led some issuers to walk away from issuing European structured finance transactions, according to Fitch Ratings.

The European Commission (EC) announced a new set of legislative proposals on credit rating agencies (CRAs) that appear weaker than those already in place in the U.S. They also don't go far enough to promote transparency, Royal Bank of Scotland (RBS) analysts said.

A big bank breakup by other means?

Big banks are fleeing the reverse mortgage industry, leaving specialty lenders with more business than they know what to do with.

Bond insurer Ambac Financial has pushed back the voting deadline on a reorganization plan and a plan confirmation hearing.

Societe Generale Securities Services (SGSS) has been mandated by Banco Cooperativo to offer independent valuation services for their structured products.

Carrington Mortgage Services has hired Brad Nease as senior vice president in capital markets. In this newly created position, Nease will lead the secondary marketing efforts for the firm’s loan origination business, and will be responsible for product development, investor relations, loan trading and warehouse lending.

An estimated 1 million homeowners with Federal Housing Administration (FHA)-insured loans could benefit by refinancing at today's low rates – but the government's mortgage insurer doesn't think it will happen.

The national 30-day delinquency rate improved by 2% in October over September and by nearly 15% compared to a year ago, according to a new "first look" report from Lender Processing Services, Jacksonville, Fla.

Alternative investment manager the Carlyle Group is expanding its lending business with the acquisition of Churchill Financial, a provider of debt financing to middle market companies.

Canadian law firm Blake, Cassels & Graydon today released commentary on the Ontario Securities Commission (OSC) decision on whether ABCP sponsor Coventree complied with disclosure requirements in the asset class.

Federal Home Loan Banks (FHLBs) have been purchasing single-family mortgages from their member banks and thrifts since 1997 — when the Chicago FHLB first launched its flagship Mortgage Partnership Finance (MPF) program.