Finance

According to Barclays, the recent Senior Loan Officer Opinion Survey highlighted the continued strength of consumer lending.

Citgroup Global Markets said that the number of RMBS delinquencies that eventually default resulting from Hurricane Sandy will mostly depend on how much damage will be covered by insurance.

Ally Bank is vowing to carry on in the residential finance sector, albeit in a reduced role.

Redwood Trust, the most active securitizer of Jumbo loans in the nation, earned $40 million in the third quarter – double of what it took in 2Q12 – and unveiled plans to ramp up non-agency loan production over the next 12 months and beyond so it can securitize $300 million or more each month.

The CFPB and FHFA said Thursday they are teaming up to create a first-of-its-kind mega-database of mortgages to track market trends and support policymaking research.

Standard & Poors said that in October the weighted average default risk of the top 70 tenants in U.S. conduit/fusion CMBS transactions was unchanged.

The right price for private capital is a moving target. Much depends on regulations over legal liabilities and risk retention requirements for originators that are still in flux.

GE Capital announced a $421 million dealer floorplan master trust securitization deal as the fixed income bond markets reopened on Wednesday.

BNP Paribas is marketing a €445mn, 2.4-yr senior tranche, French auto ABS deal named Autonoria 2012-2.

Since hitting a record low of 3.36% in the first week of October, 30-year rates have held to narrow range of 3.37% and 3.41%.

According to a report today from Citigroup Global Markets, U.S. consumer ABS spreads remain unchanged over this "Hurricane-Sandy-shortened week."

However, the widespread damage from Hurricane Sandy might result in a modest and temporary rise in mortgage delinquencies, Fitch Ratings said in a report released last yesterday.

Ally Financial said Wednesday that it has repaid $2.9 billion of debt issued under the Federal Deposit Insurance Corp.’s Temporary Liquidity Guarantee Program.

Opteum Mortgage Insurance Corp. filed an S-3 with the Securities and Exchange Commission to issue RMBS.

Starting Thursday, residential servicers approved by Fannie Mae and Freddie Mac can say yes to short sales without the consent of the mortgage insurer on the loan.

Nationwide Property and Appraisal this week urged lenders to place orders online for natural disaster re-inspections in the wake of Hurricane Sandy.

Prices for nonperforming and impaired performing loans rose last month, DebtX reported. It added that the estimated price of whole loans backing the U.S. CMBS universe stayed at 88.7% in September from August.

Mortgage application activity was mixed in the week ending Oct. 26 with refinancings lower and purchases higher.

Iconix Brand Group plans to launch a new $1.1 billion securitized financing program, the company said today.

FHA lenders stuck to their bread and butter product, originating $124.5 billion of purchase money loans in fiscal year 2012 with nearly 78% going to first-time homebuyers.