Radian Asset Assurance announced the successful acquisition of Municipal and Infrastructure Assurance Corp. (MIAC) on Thursday, following the approval of its regulator, the New York Insurance Department.
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U.S. senior fixed-income investors are taking a more conservative view of cross asset credit conditions on the back of recent macroeconomic concerns, according to a Fitch Ratings fixed-income forum survey of fixed income professionals, conducted in June.
July 28 -
Ocwen Financial Corp. is again helping itself financially by cutting distressed homeowners an unusual break.
July 28 -
Mortgage Electronic Registration Systems (MERS) has added new foreclosure guidelines to its two existing manuals, according to a MERS press release.
July 28 -
An index that gives insight into future home sales rose 2.4% in June after jumping 8.2% in May, a sign that not all consumers are spooked by the housing market.
July 28 -
A Texas investment firm has launched a new fund to invest in subordinated debt and take mezzanine stakes in what it calls “carefully selected” mortgage banking firms.
July 28
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U.K. mortgage lender Paragon said preparations for its next securitization deal are well on the way.
July 28 -
Freddie Mac reported 30-year fixed mortgage rates rose three basis points to 4.55% with an average 0.8 point for the week ending July 28.
July 28 -
A new report by Amherst Securities Group (ASG) stressed the importance of investors helping the recovery of the still-fragile housing market.
July 28 -
Is the Basel Committee on Banking Supervision building an effective set of capital rules, one that will accomplish the goal of competitive parity?
July 28 -
Bingham McCutchen partner Edward Gainor, 56, has passed away from a heart attack.
July 28 -
Standard & Poor’s announced late yesterday that, in connection with the advanced notice of proposed criteria change, they will not currently assign ratings to transactions that are based on the U.S. conduit/fusion criteria.
July 28 -
The nation's robosigning debacle and the overhang of foreclosed properties on the market caused foreclosure activity to drop significantly during the first-half of the year, according to new figures compiled by RealtyTrac.
July 28