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HUD secretary Shaun Donovan has reiterated his call for regulators to finalize a qualified residential mortgage rule that does'nt limit access to “safe” loans.
October 2 -
Almost a month ago Mortgage Industry Advisory Corp. held an auction on $8 billion of Ginnie Mae servicing rights, but the firm has yet to declare a winning bidder on the deal.
October 2 -
Euro insurance companies and funds are now filling the commercial real estate lending gap that was left by banks. However, these firms might not be able to pick up all the slack, S&P said today.
October 2 -
Bear Stearns abandoned its credit guidelines for reviewing borrowers whose MBS it sold to investors over a roughly five-year period beginning in 2003, New York Attorney General Eric Schneiderman charged in a civil lawsuit filed in Manhattan.
October 2 -
Mike Perry, the chief executive at IndyMac before it was seized by the FDIC in 2008, has agreed to settle the last remaining negligence claim against him by the SEC by paying an $80,000 fine.
October 1 -
To add to the growing number of credit card ABS transactions, GE Capital today filed with the SEC to issue under its GE Capital Credit Card Master Note Trust.
October 1 -
Wells Fargo analysts said this afternoon that student loans seem to be "crowding out" other types of consumer borrowing.
October 1 -
Home-equity loan installment balances rose 0.3% in August, representing the first increase since November 2007,
October 1 -
Wells Fargo reviewed three different time segments of gross purchase activity by the Fed, the first two weeks of QE3, the two weeks leading up to QE3 and the time since inception.
October 1 -
Morgan Stanley Mortgage Capital Holdings was sued for at least $110.8 million by a trustee for investors in MBS.
October 1