Bank of America Merrill Lynch has named new coheads of its global leveraged finance group, according to an internal memo.
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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
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Guy Carpenter & Co. appointed Desmond Potter as managing director and head of GC Securities M&A Advisory – Europe, the Middle East and Africa (EMEA).
October 21 -
The Senate late Thursday approved an amendment to restore the $729,750 maximum loan limit on government-back mortgages for two more years.
October 21 -
The credit quality of CMBS loans appears to be slipping a bit, according to a Moody's Investors Service report Friday.
October 21 -
After a significant slow down following the economic turmoil in August, CLO issuance is poised to pick up again as the loan market stabilizes, sources said. Indeed, the pipeline has even continued to grow despite the fact that a number of deals stalled over the summer.
October 21 -
The backdrop of this week's mortgage activity continued to be about the European Union and refi.gov.
October 21 -
Halifax Bank of Scotland is in the market with a new deal from its Permanent Master Trust program.
October 21 -
Special servicing firm CWCapital Asset Management (CWCAM) has expanded its integrated real estate services platform with two new hires.
October 21
