The June ABX remittance report showed that while loss severities and delinquency rates are improving, CDRs and modification rates saw a slight increase, as reported by Bank of America Merrill Lynch analysts.

RBC Capital Markets named Charles Smith as a managing director in its U.S. leveraged finance investment banking group and Mark Goldstein as a managing director in its U.S. financial sponsors investment banking group.

Stephen Reilly, head U.S. loan trader at Nomura Securities International, has left the bank, according to a report by Bloomberg.

Moody’s Investors Service is asking for market feedback on a proposed follow-up to its operational risk guidelines concerning ABCP programs in a Request for Comment (RFC) issued yesterday.

Last month’s record-breaking U.S. used auto prices will help improve existing auto lease ABS, but will hurt future auto lease securitizations, according to a report by Moody’s Investors Service.

The Consumer Financial Protection Bureau (CFPB) has posted newly revised prototypes of a two-page "Loan Estimate" disclosure on its Web site for a second round of input on the way closing costs are presented.

Small mortgage banking companies got hammered in the first quarter amid falling loan volumes and rising expenses.

A group of mortgage originators, issuers and investors is close to a consensus on a new process for enforcing representations and warranties on private-label securities.

On a day when the stock market soared upwards, the three stand-alone mortgage insurers all saw their stock price drop. This is in apparent reaction to an article that appeared over the weekend in another publication.

Fraudsters that previously focused on breaking into new accounts are now putting more attention on cracking the security barriers of older card accounts, causing the incidence of such crimes to rise, according to Experian PLC.

The call for loan-level mortgage data sounded soon after the industry began to pick up the pieces from the housing market crash. It's grown louder since then and the information is slowly becoming more available. But without a way to identify and decipher what it means, the data are worthless. Luckily, there is new technology coming to market that provides lenders, investors and servicers the ability to monitor the loans being originated, evaluate their quality and monitor repayment performance.

Stuck between a rock and a hard place, some mortgage lenders are choosing to relax underwriting requirements ever so slightly to offset a dramatic drop in loan origination volumes.