CMBS

Remember all those prognostications from industry experts how the Dodd-Frank bill would destroy the nonbank segment of the mortgage industry, resulting in a total takeover of residential finance by depositories?

The Securities and Exchange Commission (SEC) said today that it is seeking public comment on proposed regulations to require ABS issuers and credit rating agencies that rate ABS to provide investors with new disclosures about representations, warranties, and enforcement mechanisms.

Principia Partners, announced its integration of Intex performance data into the Principia Structured Finance Platform (Principia SFP).

Moody's Investors Service is giving the Federal Deposit Insurance Corp.'s (FDIC) new "Safe Harbor" rule the thumbs-up due to the protections private-label MBS investors can rely on if the issuing bank fails.

Some panelists were optimistic while others were a little bit more guarded on the future of securitization at this week’s Information Management Network ABS East conference.

KGS-Alpha Capital Markets added three new regional sales offices in Fort Lauderdale, Florida; Reston, Virginia and Chicago, Illinois.

Starwood Capital Group hired a team of seasoned to drive the growth of its commercial real estate finance company, Starwood Property Trust.

United Capital Markets (UCM) is hosting tonight's concert and cocktail party that headlines Big Head Todd and the Monsters at Information Management Network’s (IMN) ABS East conference.

Rule 122a stipulates the main investor requirements with which banks have to comply. The regulation calls for these financial institutions to have formal procedures and operations in place to monitor - on an ongoing basis and in a timely manner - performance information on the underlying exposures in structured finance assets.

As the Financial Stability Oversight Council prepared to hold its first meeting Friday, members of the panel faced open doubts from lawmakers and others about how fast it can move and what it can accomplish.