Garanti Bank has closed its transaction comprising two new series of notes worth $225 million and €50 million ($72 million). The series of notes were issued under the firm's diversified payment rights (DPRs) program called Garanti Diversified Payment Rights Finance Co.

Bank of America Corp. has reached an $8.5 billion settlement with investors over repurchase demands on $424 billion worth of RMBS.

UCM Partners has launched the UCM MIDAS Fund, with $10 million in assets under management.

Mortgage application activity fell 2.7% in the week ending June 24, even as mortgage rates declined to their lowest level since the middle of November.

Bank of America Corp.'s proposed settlement of MBS claims against its Countrywide unit would force private-label investors in 530 Countrywide trusts to accept the bank's $8.5 billion offer, BofA officials said Wednesday.

Allen & Overy opened a new office in Washington, D.C. with the addition of three new partners to boost its U.S. regulatory practice.

The fundamentals for private mortgage insurers were supposed to have improved by now. They haven't.

Lawmakers sided with community banks on Tuesday in expressing concern that a pending risk retention rule and other new regulations will soon drive small institutions from the mortgage business.

Two key lessons from the lengthy details of two mortgage securities-related regulatory settlements seen in the past week boil down to this first, don’t leave anything out and secondly, stick to the facts.

The American Bankers Association (ABA) believes the role of the GSEs and FHA in the mortgage market should be gradually reduced so that 60% of home financing comes from the private sector with “no government aid.”

Housing prices rose 0.7% in April, snapping eight straight months of declines, as home values increased in 13 of the 20 cities in the Standard & Poor's/Case-Shiller house price index.

The New York State Court of Appeals reinstated a $5 billion fraudulent conveyance and breach of contract lawsuit brought by bank policyholders against MBIA.