Finance

Southern California Edison Co. has filed a preliminary prospectus supplement with the Securities and Exchange Commission (SEC) to issue First and Refunding Mortgage Bonds, Series 2011E.

Fitch Ratings has identified ‘A-’ as lowest rating for Italy at which triple-A ratings for structured deals from the country would be possible, the agency said in a release.

Single-family housing starts rose 4% in October from the previous month, but multifamily activity fell 13%, according to new government figures released Thursday morning.

Securitization industry experts speaking at yesterday's American Securitization Forum (ASF) sunset seminar asked for clarity on new regulation directly affecting the U.S. ABS market, specifically the Volcker rule.

Chicago,IL-based Clopton Capital plans to create larger conduits for lending CMBS loans.

CWCapital (CWC), Boston, on Thursday revealed that it has bought $2.6 billion of Fannie Mae multifamily servicing rights from Citigroup. No price was disclosed.

Residential delinquencies – excluding foreclosures – fell to 7.99% in the third quarter, the lowest reading since late 2008, when the nation's financial crisis was peaking, according to new figures released by the Mortgage Bankers Association (MBA).

Lender Processing Services (LPS) has responded to Nevada's attorney general filing charges against two LPS employees.

Standard & Poor’s Director Eric Gretch said the agency expected financial future flow transactions from new jurisdictions, although he did not offer an anticipated timeline in a video posted on S&P’s Web site.

The sale of Northern Rock to Virgin Money will not include the Granite RMBS that are tied to the bank's name, according to Royal Bank of Scotland (RBS) analysts.

Mortgage rates were little changed in the week ending Nov. 17, according to Freddie Mac's weekly primary Mortgage Market Survey.

Freddie Mac is planning a securitization this month of reinstated loans that have been current for at least 12 consecutive months.

In the first criminal case involving robo-signing of mortgage documents, Nevada's attorney filed charges Wednesday against two people accused of filing tens of thousands of false documents.

The top executives at Fannie Mae and Freddie Mac traveled to Capitol Hill on Wednesday to defend the payment of millions of dollars in deferred salary and bonuses to senior leadership at their firms.

The Federal Home Loan Bank of Chicago is expanding its Mortgage Partnership Finance (MPF) product line for Fannie Mae-eligible loans by offering a 'servicing released' option for the first time.

CoreLogic launched a new set of services designed specifically to address the anticipated increase in refinance activity expected from revisions to the Home Affordable Refinance Program (HARP).

Yesterday's Fannie Mae and Freddie Mac released further guidelines for the Home Affordable Refinace Program (HARP).

Australian and New Zealand Bank Group (ANZ) test drove the first covered bond under Australia's new legal framework.

The House Financial Services Committee approved a bill Tuesday by a 52 to 4 vote that would limit executives' salaries at Fannie Mae and Freddie Mac and remove any extra "bonus" pay.