Sol Systems launched a new financing platform that provides investors and developers with the tools they need to originate, evaluate, finance, and construct renewable energy projects.
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Ocwen Financial Corp. late Monday disclosed that it will buy Saxon Mortgage for almost $60 million in cash, a deal that will push its subprime servicing-related contracts to almost $110 billion.
October 25 -
Bank of America Corp. reshuffled top retail bank executives yet again this week, according to an internal memo obtained by ASR sister publication American Banker.
October 24 -
Moody's Investors Service's released its National CPPI index for August, which showed a 2.4% monthly rise in commercial real estate (CRE) prices.
October 24 -
MBS analysts have released their initial analysis on the impact of the changes to the Home Affordable Refinance Program (HARP) on MBS market.
October 24 -
Autos are dominating the ABS pipeline once again with deals from AmeriCredit Financial Services (now under GM Financial), Navistar Financial and Ford Motor Credit Co.
October 24
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Capital One Financial Corp. is looking for another private-label credit card portfolio to buy, as it absorbs the U.S. card business of HSBC Bank USA and the Kohl's Corp. store card portfolio, CEO Richard Fairbank said on Thursday.
October 24 -
Banco Santander SA of Spain is squeezing some much-needed capital out of its U.S. operations with a deal to sell a minority stake in its Dallas auto lender to a private-equity consortium.
October 24 -
More homeowners will now be eligible to refinance their homes and tap historic low interest rates due to significant changes to a critical government program by the Federal Housing Finance Agency (FHFA).
October 24 -
The Federal Housing Finance Agency (FHFA) Monday morning unveiled long awaited changes to a White House refinancing program, waiving the LTV cap and certain origination fees on underwater Fannie Mae and Freddie Mac loans.
October 24 -
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The bedrock of the U.S. mortgage market — the 30-year fixed-rate mortgage — may no longer have the same level of bipartisan support in Congress that it once did.
October 21 -
Residential delinquencies fell to 8.09% in September, a slight decline from the prior month but an almost 13% improvement from the same month a year ago, according to new "First Look" figures compiled by Lender Processing Services (LPS).
October 21
