Even though more nationwide consumers are paying their credit card payments on time, mortgage delinquencies of 60-days or more have increased since 2007, according to an Experian report.

Fitch Ratings has finalized its new criteria for projecting losses on prime RMBS.

U.S. subprime credit default swap prices recovered in July after being adversely affected in June by the Maiden Lane auctions and the problem looks unlikely to recur, according to Fitch Solutions' index.

There is no plausible manner for Bank of America Corp. (BAC) to disclaim the Countrywide Financial Corp. (CFC) bonds, according to analysts from Covenant Review.

When it comes to qualified residential mortgages (QRM), industry and consumer groups like to say they are united, arguing that too strict a QRM definition will result in disqualifying many otherwise creditworthy borrowers. But not everyone is of that mindset.

Recent modifications made by Turkey’s Capital Markets Board to covered bond legislation are a credit positive, said Moody’s Investors Service in a recent report.

TICC Capital closed on its $225 million CLO transaction Wednesday. The senior notes of the CLO were issued by a newly formed special purpose vehicle in which a wholly-owned subsidiary of TICC owns all of the equity.

Credit-default swaps on Bank of America, the nation's largest residential servicer, this week surged to the highest level since April 2009 before paring those gains.

The debate about the viability of the super-senior structure in the current environment experiences a resurgence, Fitch Ratings said today.

Wells Fargo analysts recommended FFELP and private student loan-backed ABS as nonbenchmark asset classes that provide investors with good relative value opportunities.

Deutsche Bank has been chosen to sell Aurora Loan Services (ALS), the Colorado-based mortgage banking division of Aurora Bank, according to industry officials.

Home Loan Servicing Solutions (HLSS), a newly formed Cayman Island corporation controlled by Ocwen CEO Bill Erby, plans to sell 18.3 million shares in its IPO, raising $316.3 million from investors.