Recently allegations of fraud against Lending Club and several Chinese marketplace lenders have some observers calling for more daylight on the loans sold on these marketplaces. Specifically, they're floating the idea of a technology and service that would register and track ownership of the loans and validate basic facts about them and the borrowers.
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Despite headwinds working against the mortgage insurance industry, this business could be the catalyst for bringing private capital back to the mortgage market.
August 23 -
Angel Oak Capitals second securitization of non-prime residential mortgages brought its funding costs down significantly, helped by the addition of some new investors.
August 23 -
Home Partners of America is marketing its second securitization of single-family rental properties.
August 23 -
The Consumer Financial Protection Bureau said Monday that Wells Fargo had engaged in illegal student loan servicing practices by processing payments to maximize late fees.
August 22 -
As the volume of maturing commercial mortgages spikes, so is the number of loans transferred to special servicing when they fail to pay off.
August 22
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The U.K. government will redeem £3 billion ($3.9 billion) of bonds backed by mortgages from rescued lender Bradford & Bingley, paving the way for a potential sale of the loans
August 22 -
Patrick Tadie has been promoted to division manager of Wilmington Trusts capital markets structured finance group.
August 22 -
ECMC Group is marketing $373.7 million of notes backed by federally guaranteed student loans that were once delinquent but are now making timely payments.
August 22 -
The Consumer Financial Protection Bureau on Thursday urged student loan servicers to provide more help to consumers who apply for income-driven repayment plans.
August 19 -
The first commercial mortgage-backed security to comply with "skin in the game" requirements was extremely well received. Market participants credit the way the large banks sponsoring the deal retained the risk a strategy unavailable to nonbank lenders.
August 19 -
Underwriting league tables for asset-backed securities for the year through August 19, 2016.
August 19 -
Issuance volume of asset-backed securities for the year through August 19, 2016.
August 19


