U.S. student loan issuance is expected to remain around the same levels observed in both 2009 and 2010 according to report by Henderson Global Investors.
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Greenwich Associates released its annual list of top leaders in the U.S. institutional fixed-income trading market today, revealing a deadlock for first between Barclays Capital, Deutsche Bank, and JPMorgan with each firm holding an 11.5% overall market share.
July 19 -
Single-family housing starts unexpectedly jumped 9.4% in June from the previous month with multifamily activity spiking 32%.
July 19 -
Lloyds Bank TSB is marketing bonds backed by ₤1.2 billion ($1.92 billion) of loans to small and medium sized businesses.
July 19 -
The National Credit Union Administration (NCUA) late Monday filed its third lawsuit alleging violations of federal and state laws related to misrepresentations in the sale of MBS to now defunct corporate credit unions.
July 19 -
Freddie Mac released its July 2011 economic outlook yesterday where it projected that the U.S. housing market will perform similarly to the overall U.S. economy for the rest of 2011, with home sales above 2010’s pace by 3% to 5%.
July 19
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Carrington Mortgage Services has been authorized as a Ginnie Mae issuer for the GNMA I and II single-family MBS program.
July 19 -
While the future of Fannie Mae and Freddie Mac remains uncertain, there are a number of things the two are doing to improve their operations and financial soundness, according to Patrick Lawler, chief economist and associate director of the Federal Housing Finance Agency (FHFA).
July 19 -
Bank of America is actively selling mortgage servicing rights and becoming more selective in placing MSRs on its books, company officials said Tuesday morning.
July 19 -
This legislation might as well be called "The Kick the Can Act" and for once, its backers aren't ashamed to admit it. In fact, they're damn proud of it. It's the whole point.
July 19 -
The residential finance division of Bank of America posted a stunning loss of $13 billion in the second quarter as delinquent mortgages, expected legal settlements and charges tied to 'reps and warranties' on loans sold into the secondary market hammered its performance.
July 19 -
A white paper released yesterday by the Milken Institute said the Federal government should allow other mortgage finance-related companies to compete with Fannie Mae and Freddie Mac on a level playing field. The GSEs should also move back into private hands, the paper argued.
July 19 -
Friday's European bank stress tests revealed that all securitization positions in European banking and trading books were stressed, according to market reports.
July 18