The rating performance of European small and medium-sized enterprise (SME) securitizations during the economic crisis are congruent with the macroeconomic environment, said a Moody's Investor Service report.
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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.
July 26 -
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.
July 25 -
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.
July 25 -
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.
July 25 -
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.
July 25
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Mortgage industry groups are calling for the creation of a strong safe harbor clause that will shield lenders from litigation if they originate loans that comply with ‘Qualified Mortgage’ underwriting standards.
July 25 -
As Washington's banking-policy community was focused on the first anniversary of the Dodd-Frank Act, one important player in the law's passage was noticeably absent.
July 25 -
National Credit Union Administration (NCUA) filed another suit last week against Royal Bank of Scotland (RBS) over MBS sold to WesCorp Federal Credit Union, the one-time $34 billion corporate that failed in 2009.
July 25 -
Mexican banks appear to be moving down the food chain in mortgage lending, according to a release by Moody’s Investors Service.
July 25 -
Cohen & Steers, an asset manager specializing in real estate, predicts that U.S. REITs will boost dividends by 10% a year for the next five years.The sunny outlook, which cites a recovery in cash flows, comes in spite of the continued woes of many segments of the U.S. housing markets and the sluggish economic recovery.
July 25 -
Consumer ABS is well-positioned to maintain ratings stability in the wake of a potential double-dip recession, according to a new Fitch Ratings report.
July 25 -
Toyota Motor Credit Corp. will be issuing five classes of notes backed by Toyota or Lexus passenger car, minivan, light-duty truck or sport utility vehicle leases and related assets.
July 25
