Springleaf Financial is reportedly prepping a $292 million RMBS backed by subprime loans that were originated in the past few years, according to a Dow Jones report.
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A recent survey conducted by Information Management Network (IMN), found that securitization market participants believe that the development of a U.S. covered bonds market is long overdue and the introduction of more private capital will be a positive move for the space.
October 11 -
With regulators facing the potential of significant revisions to their risk-retention rule, there is growing speculation among industry and consumer groups that the agencies will go back to the drawing board and issue a new proposal.
October 11 -
Credit rating agency DBRS this week approved American Mortgage Consultants, New York, as a third-party due diligence provider for residential MBS.
October 7 -
Helios AMC, a commercial real estate special servicer which is sponsored by Ranieri Partners, has acquired real estate advisory firm The Situs Companies. The combined entity will retain the Situs name.
October 7 -
The Obama Administration's efforts to expand a GSE refinancing program and reach a large number of underwater borrowers will depend on how far the Federal Housing Finance Agency will go in providing lenders relief from loan buy-backs, according to industry officials and analysts watching the effort.
October 7
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The GSE regulator told House Democrats at a closed door meeting that the Federal Housing Finance Agency is committed to making meaningful changes to a special program that will allow more borrowers with high LTV loans to refinance at lower mortgage rates.
October 7 -
Commercial real estate executives expect to see improvements in revenue and headcount next year, but the majority predict a full economic recovery is years away, according to a recent survey by KPMG LLP.
October 7 -
The continued turnaround of hotels added to another decline for U.S. CMBS delinquencies, according to the latest index results from Fitch Ratings.
October 7 -
The final quarter of 2011 got underway with the return of the Fed which began reinvesting its paydowns from Agency MBS and debentures back into the MBS sector.
October 7 -
Equifax Inc has launched a borrower misrepresentation solution for hidden debt and an insurance program that protects lenders against losses often stemming from mortgage repurchase requirements through Arthur J. Gallagher & Co.
October 7 -
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Fearing that banks might get off too easy in the multi-state mortgage settlement talks, Massachusetts Attorney General Martha Coakley is preparing to file lawsuits against the nation's largest servicers for wrongfully foreclosing on customers.
October 7
