Another CLO manager is on the block.

In the Washington Post last week, housing columnist Kenneth Harney took an interesting look at mortgage loans guaranteed by the Department of Veterans Affairs (VA).

The Federal Reserve Board said Friday it will hold three public hearings on Capital One Financial Corp.'s proposed $9 billion purchase of online bank ING Direct USA.

In recent weeks Bank of America has been telling analysts and shareholders that it is actively selling mortgage servicing rights while offering little, or no, details on what exactly it unloaded – and at what price.

Ginnie Mae said late Friday that it is expanding the parameters for loans to be repurchased from its trusts to include those that have successfully completed a three-month trial payment period.

Pending home sales declined 1.3% to a reading of 89.7 in July from a revised 90.9 in June, according to a report released Monday by the National Association of Realtors (NAR).

It was business as usual for the financial markets after Hurricane Irene lashed out less destruction than was originally anticipated this past weekend.

In a rare public rebuke of a rogue attorney general by his colleagues has highlighted the dysfunction among the state AGs and raised doubts about their ability to strike a settlement deal with the largest mortgage servicers.

CIT Group closed a new $2 billion revolving credit facility with a bank syndicate.

A U.S. Appeals Court upheld a lower court ruling rejecting claims by FICO that a new credit score developed by credit bureaus Experian, Equifax and TransUnion infringed on its trademark and ordered the U.S. Patent and Trademark Office to cancel a FICO trademark.

Although residential origination volumes swooned in the second quarter, commercial mortgage production picked up nicely at many firms.

A U.S. District Court judge in Oregon issued a pair of rulings in favor of Merscorp subsidiary Mortgage Electronic Registration Systems (MERS), but it remains unclear how those rulings will impact MERS' appeal of a third case where a second federal judge vacated an Oregon borrower's nonjudicial foreclosure.