Using different styles and tactics, Jamie Dimon of JPMorgan Chase & Co. and Vikram Pandit of Citigroup Inc. are making the same argument: policymakers have already done enough to rein in risk-taking. Doing more, particularly tacking on a capital surcharge for the largest firms, the CEOs insist, will crimp credit and in turn chill economic growth.

Fixed-related mortgage rates moved off their record lows of last week as the market became less risk averse on optimism regarding EU's debt crisis, as well as, on better than expected employment news.

Clydesdale Bank is marketing a £829 million ($1.3bn) securitization backed by a pool of buy-to-let residential mortgage loans originated by Clydesdale Bank and subsidiary Yorkshire Bank Home Loans.

Thomas & Herbert Consulting LLC announced that the firm has been awarded the Choice Neighborhoods contract from the Department of Housing and Urban Development (HUD), Office of Public Housing Investments (OPHI).

First California Mortgage Company will source Fannie Mae-eligible mortgage loans for Pillar Multifamily, LLC, an affiliate of Guggenheim Partners throughout its network, outside of southern California.

Kinetic Partners has appointed three new professionals to its regulatory consulting and compliance team.

Moody’s Investors Services' downgrade of twelve U.K. financial institutions could indirectly support U.K. RMBS, according to Deutsche Bank analysts.

The unwind of Franco-Belgian banking group Dexia could result in over $100 billion of ABS and MBS sales, market analysts said.

Special servicers were instrumental in curbing U.S. CMBS losses this past year but the current economic uncertainty makes the outlook for 2012 less optimistic, according to Fitch Ratings in its latest annual U.S. CMBS loss study.

A sample of comments in response to the SEC's rating agency reform proposals suggests the market could find itself in a situation where the government must balance its interest in oversight and control with its plans to avoid more responsibilities and liabilities. It also may need to balance its aim to restrict conflicts of interest with another reform goal involving more sharing of information and transparency.

The Government National Mortgage Association is making it easier for MBS issuers to pledge their servicing rights to obtain financing from warehouse lenders.

The Mortgage Bankers Association (MBA) reported a modest gain of 1.3% in mortgage application activity for the week ending October 7, with both purchase and refinancing activity higher.