The first investor meeting for the largest German multifamily CMBS was held last week.
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The New York Attorney General is investigating the proposed $8.5 billion Bank of America settlement with Bank of New York Mellon Corp. over residential MBS trusts, seeking client information from more than 20 companies including Goldman Sachs, BlackRock, and others.
July 13 -
Subprime CDS prices fell by -1.8% last month, following a seven-month rally that culminated in an overall price rise of 126%, according to a Fitch Solutions report.
July 13 -
A House Financial Services subcommittee late Tuesday approved six bills that would rein in Fannie Mae and Freddie Mac but that fall short of comprehensive changes to the housing finance system.
July 13 -
MBIA Insurance Corp. voluntarily dismissed with prejudice its case against Bank of America Merrill Lynch, prompting analysts to speculate that a settlement could be reached soon.
July 13 -
A House Financial Services subcommittee hearing Wednesday will explore whether recent changes in loan-origination rules will hurt consumers' chances of getting a mortgage.
July 13
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Those who've been holding their breath for a commercial real estate meltdown may want to exhale.
July 13 -
"Persistent weakness" in the housing market and the downside risk of further price declines is one of the major factors cited by the Federal Reserve's monetary policy committee for the slowdown in the pace of the economic recovery in recent months.
July 13 -
President Obama on Tuesday officially appointed Carol Galante to serve as the new acting commissioner of the Federal Housing Administration (FHA), overseeing the agency's single family and multifamily programs.
July 13 -
Over 80% of 'Aaa'-rated European RMBS and ABS have maintained their ratings throughout the crisis, spanning from May 2007 to May 2011, according to a new report by Moody’s Investors Service.
July 12 - Europe
Citigroup chief economist Willem Buiter said the European Central Bank (ECB) plans to restart its bond-buying program ahead of this week’s auction of Italian bonds, according to a Reuters report.
July 12 -
Mercedes-Benz Financial Services (MBFS) is marketing an auto loan issuance of $1.25 billion. MBFS is a subsidiary of Daimler AG.
July 12 -
Republican leaders on the House Financial Services Committee are coming under strong criticism for taking a piecemeal approach to winding down Fannie Mae and Freddie Mac while ignoring several comprehensive GSE reform bills that address the future of the housing finance system.
July 12