Finance

The current residential shadow inventory as of July 2011 dropped slightly to 1.6 million units, which represents a five-month supply, according to a CoreLogic report released today.

Home prices rose almost 1% in July following a 1.2% increase in June, according to the new Standard & Poor's/Case-Shiller house price index.

The Federal Housing Finance Agency (FHFA) as early as this week may release a new discussion paper on restructuring servicing compensation for GSE loans while seeking a new round of public comments on proposed changes.

Freddie Mac relied on a botched loan review process for key data used to justify its landmark settlement with Bank of America Corp., the Federal Housing Finance Agency's (FHFA) inspector general has concluded.

Structured finance can play a role in freeing the Eurozone from its debt mire, said London-based boutique shop Bishopsfield Capital Partners in a report released today.

Freddie Mac purchased $28 billion of mortgages from its seller/servicers in August, a 33% spike from the prior month, and a clear sign that originations are picking up in the primary market.

Canadian auto company RIFCO's sixth annual renewal of its funding facility with Securcor Trust allows it to securitize up to $50 million this year.

Fondo De Amortizacion del Deficit Electrico (FADE) has set price guidance on its two-year bond, according to a Dow Jones report.

Esoteric or non-traditional assets continue to gain momentum by claiming a bigger piece of the securitization market.

New homes sold at an annualized rate of just 295,000 units in August, the worst reading in six months, according to new government figures released Monday morning.

The New York Federal Reserve released today a set of FAQs about the change in the Fed's reinvestment policy for agency MBS and debt securities.

There are two auto securitizations marketing currently, with an equipment and a student loan ABS filling the transaction pipeline as well.

For the last two years, commercial real estate (CRE) price indices have been fluctuating and it does not appear any recovery is going to happen soon, Moody's Investors Service said in its weekly credit outlook report.

The McGraw-Hill Cos. today filed a Form 8-K with the Securities and Exchange Commission (SEC) that acknowledged that on Sept. 22, it received a "Wells Notice" from the Commission Staff.

Ranieri Real Estate Partners and private equity funds affiliated with WL Ross & Co. have agreed to acquire Deutsche Bank Berkshire Mortgage (DBBM) today.

In removing about 134 tranches of future flow deals from its structured finance bucket, Moody’s Investors Service will no longer apply regulatory rule 17g-5 to them, said a spokesman for the agency.

Moody’s Investors Service has modified its criteria for what counts as a structured finance instrument, the agency said today.

General Electric Capital Corp. is in the market with a $522.21 deal called GE Equipment Midticket LLC, Series 2011-1.

The supply/demand outlook for the mortgage market changed in the blink of an eye on Wednesday with the unexpected Federal Open Market Committee (FOMC) announcement that the Federal Reserve will once again be buying MBS starting on Oct. 3.

The Federal Housing Finance Agency (FHFA) is still falling short when it comes to keeping a watchful eye on Fannie Mae and Freddie Mac.