Ally Credit Canada Ltd is marketing a new Canadian Auto securitization deal, Canadian Capital Auto Receivables Asset Trust II (CCARAT II), Series 2011-2.
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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
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Lehman Brothers Holdings hopes to generate as much as $2 billion to repay creditors by securitizing a portfolio of commercial loans.
July 27 -
The Federal Housing Finance Agency (FHFA) on Wednesday filed suit against UBS Americas for misrepresenting the quality of private label, non prime MBS it sold to Fannie Mae and Freddie Mac during the housing and mortgage boom.
July 27 -
Wells Fargo has appointed Avid Modjtabai as senior executive vice president and head of its new Wells Fargo Consumer Lending (WFCL) group.
July 27 -
A report by the Securities and Exchange Commission (SEC) revealed some mispractices by broker-dealers in selling structured securities products. For the study, the SEC looked closely at eleven broker-dealers.
July 27 -
A federal regulator on Wednesday filed a lawsuit against UBS, asserting that the investment bank made false statements when selling $4.5 billion in MBS to Fannie Mae and Freddie Mac.
July 27 -
Cognizant has acquired CoreLogic’s Global Services Private, the India-based captive operations of CoreLogic, in a move that transfers some operations used for U.S. mortgage industry outsourcing to the former company.
July 27 -
Freddie Mac's issuance of mortgage-backed securities rose 10% in June after falling nearly 9% in May, according to the government-sponsored enterprise.
July 27