The Consumer Financial Protection Bureau has hired Christopher C. Haspel away from the Government National Mortgage Association, giving him a top slot at the new agency, according to officials familiar with the matter.
-
Trepp released a report on bank loan delinquencies for 2Q11 ahead of the final Federal Deposit Insurance Corp. (FDIC) figures.
July 27 -
Elizabeth Warren will step down Aug. 1 from her post as special advisor to the Treasury secretary at the Consumer Financial Protection Bureau (CFPB) and Raj Date, a high-ranking official at the new bureau, will replace her.
July 27 -
Domino's Pizza plans to refinance its outstanding securitization debt.
July 27 -
Fannie Mae and Freddie Mac could continue to operate even if the U.S. debt ceiling is not raised by Aug. 2. But raising the ceiling alone, without a budget deal, would leave them — and a mortgage market that relies on their guarantees — vulnerable.Despite improvements in their financial results, the government-sponsored enterprises need continued capital injections from the Treasury Department to avoid being unwound by their conservator, the Federal Housing Finance Agency (FHFA), according to the rating agency Fitch Ratings. On average, the GSEs have been drawing $2 billion to $3 billion a quarter since 2010, said analysts at Barclays Capital.
July 27 -
Mortgage application eased back 5% in the week ending July 22 with both refinancing and purchase activity slipping.
July 27
-
Concerns raised by the debt ceiling debate present minimal potential short-term risks for REITs that invest in agency MBS, and the sector should be viable under all “reasonable” scenarios, according to a new report from Keefe, Bruyette & Woods (KBW).
July 27 -
The White House nominee to be new Comptroller of the Currency said federal banking agencies need to work toward reassuring the public that robo-signings have stopped and foreclosure problems are being corrected.
July 27 -
RBC Capital Markets has hired three bankers for loan capital markets and European sponsor coverage, according to the bank.
July 26 -
Citigroup has offered to buy the Dryden VI-Leveraged Loan CDO 2004.
July 26 -
The Federal Deposit Insurance Corp.(FDIC) is prepping a new $367.9 million securitization deal that will be managed by the Royal Bank of Scotland, according to a Reuters report.
July 26 -
New home sales fell 1% in June as demand for newly constructed units remained stuck in a low range during the traditional spring buying season.
July 26 -
Home prices rose 1% in May compared to April, and 16 of 20 metropolitan areas tracked by the Standard & Poor's/Case-Shiller house price index (HPI) registered monthly price gains.
July 26