Retail originations by commercial banks and savings institutions fell 30% in the first quarter, on a sequential basis, according to new figures compiled by the Federal Deposit Insurance Corp. (FDIC).
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The Capital Markets and Government Sponsored Enterprises Subcommittee on Tuesday will consider seven new bills to reform the operations of Fannie Mae and Freddie Mac, including one that prevents the Treasury from lowering the current 10% dividend the two pay to the government.
July 11 -
Moody’s Investors Service has downgraded one tranche from the GSAMP 2007-H1 and placed it on review for further downgrade along with five other tranches from thee subprime RMBS deals.
July 11 -
Stewart Lender Services (SLS) has acquired a majority ownership in PMH Financial.
July 11 -
Structured Finance Management (SFM Luxembourg) has appointed Laurent Bélik to managing director at the firm.
July 11 -
Fear of getting laid off has home shoppers wary of committing to a mortgage, and those who do want to buy a home continue to find it hard to get financing, a survey found.
July 11
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Vacancies at shopping centers rose for the first time in a year in the second quarter as retail properties lagged the U.S. office and apartment rebound, according to a new report from Reis Inc.
July 11 -
Finacity Corp. announced today in a release that it had paired with Germany's Norddeutsche Landesbank Girozentrale (NORD/LB) to increase an existing trade-receivables securitization for Alliance One international from $100 million to $125 million.
July 11 -
Although residential lenders are starting to ponder cutbacks in their ranks, not all mortgage-related firms are worried about their head counts.
July 11 -
Walker & Dunlop hired Douglas Taylor as senior vice president in its multifamily finance unit.
July 8 -
Apollo Global Management and its subsidiaries bought Gulf Stream Asset Management, which now manages 10 CLOs and has over $3 billion in assets under management.
July 8 -
Sheila Bair today officially stepped down as the Federal Deposit Insurance Corp.'s (FDIC) Chairman.
July 8 -
Babson Capital Management is in the market with a $512 million CLO.
July 8