The Federal Reserve Bank of New York plans to continue with its Maiden Lane II (ML II) asset sales despite opposition from some securitization market participants.
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When Bank of America Corp. announced its MBS settlement last week, the company warned that activist investors would likely fight it. It was right.
July 5 -
When asked about the still-struggling nonagency market might return, some market participants in New York for the Mortgage Bankers Association’s National Secondary Market Conference even took on the controversial question of whether a subprime credit secondary market should come back some day.
July 5 -
After several months of strong performance despite various economic upheavals, auto ABS gains may soon level off, according to a report from Fitch Ratings.
July 5 -
Ogier has opened an office in Shanghai, China in an attempt to increase its network and its presence across the globe, according to a press release by the firm.
July 5 -
The Private National Mortgage Acceptance Corp. plans to make a big splash in warehouse lending and late this week unveiled who will lead the effort -- Paul Szymanski, once a top warehouse executive at the number one player in that niche: Bank of America.
July 5
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No matter your opinion of Sheila Bair, you always know where she stands.
July 5 -
Discover Financial Services' stock price fell as much as 3% on Friday after the company disclosed that the Federal Deposit Insurance Corp. (FDIC) is reviewing its marketing of payment protection and other fee-based products.
July 5 -
After nearly a yearlong vacancy, the White House has finally tapped a new comptroller.
July 5 -
GSO Capital Partners, a credit investment arm of Blackstone Group, is in the market with a $633 million CLO.
July 1 -
Lombard Risk Management, which offers integrated collateral management, liquidity and regulatory reporting solutions, launched its COREP/Basel III solution using the new Web-based version of its regulatory compliance software suite.
July 1 -
Greece events remained a dominant influence on the markets this week, although it turned out to be the reverse of last week.
July 1 -
CoreLogic’s April shadow inventory report revealed positive signs for a possible recovery in the housing industry.
July 1