CDR rates were relatively flat in July, with only one index posting a decrease of 1.2 points, while loss severities rose by an average of 1.5 points across all indices, according to a recent report by Bank of America Merrill Lynch.

Turkey’s debut covered bond consists of three tranches pricing between 200 basis points and 250 basis points over Euribor, a spread that will be swapped into a Turkish rate for originator Sekerbank at the time of the closing, said Huib-Jan de Ruijter, director of financial markets at Dutch development bank the FMO, one of the investors in the deal.

Capital Business Credit (CBC) has hired Peter Provenzale as a senior business development officer and senior vice president in its asset-based lending division.

The Financial Industry Regulatory Authority (FINRA) has fined SunTrust Robinson Humphrey and SunTrust Investment Services a total of $5 million for failing to disclose the risks of auction-rate securities when underwriting and selling them.

All sectors of the commercial real estate market showed signs of stabilization or slight improvement in 1Q11, according to Moody’s Investors Service Red-Yellow-Green quarterly property assessment.

Foreclosure doesn't usually mean coming down in the world, economists at the Federal Reserve have found.

Moody's Investors Service has given a provisional '(P)A3' rating to covered bonds to be issued by Turkey's Sekerbank, the agency said in a release.

Originations of Federal Housing Administration (FHA)-backed loans fell 23% during the first three quarters of fiscal 2011 compared to the same period a year earlier, a further sign of a weakening single-family market.

The Financial Industry Regulatory Authority (FINRA) has issued an Investor Alert warning investors not to choose risky yet high-reward asset classes over more traditional investments.

Standard & Poor’s found that default rates on U.S. residential mortgage loans continued to fall in June, but the firm is cautious about the remaining threat posed by shadow inventory.

In January all the mortgage industry was aflutter with talk that Fannie Mae and Freddie Mac —under the tutelage of their regulator — were weighing a change to minimum servicing fees.

At the American Securitization Forum’s (ASF) Sunset Seminar last week, panelists agreed on the potential problems that the proposed regulatory requirement on loan level data disclosure will bring.