Finance

Springleaf has “adequate liquidity” to survive over the next 12 months, and is seeing smaller losses on its business

The Federal Housing Finance Agency Friday morning directed Fannie Mae and Freddie Mac to increase their loan guarantee fees.

The Federal Housing Finance Authority's announcement increasing GSE g-fees by 10 basis points is positive for 30-year MBS, analysts said.

The Real Estate Finance Group's addition of three commercial real estate lenders expands its client service and coverage nationwide for commercial real estate.

Servicing balances totaled $9.19 trillion at June 30, compared to $8.9 trillion at March 31.

Standard &Poor's said today that used vehicle sales are likely to increase more than 2% y/y in August to 3.9mn units, signaling continued auto loan originations and ABS issuance.

But the GOP statement of principles offers no specifics on how Fannie and Freddie should be “wound down.”

The high yield bond market isn’t the only corner of the debt universe to defy the traditional sleepiness of August this year and keep churning out deals—the leveraged loan and CLO markets have declined to take their summer siesta as well.

This week's primary influencing factor on trading was Friday's address by the Federal Reserve chairman at the annual Jackson Hole Economic Policy Symposium.

loanDepot.com said today that it has securitized its first pools of mortgage loans guaranteed by Freddie Mac and Ginnie Mae.

Last month two bidders were eyeing Freddie Mac mortgage servicing rights once owned by Taylor, Bean & Whitaker. But it appears the sale may have stalled.

Waypoint Homes has begun purchasing REO single family homes in the Atlanta area with the intent of converting the properties into rentals.

Kevin Cooke Jr. has joined Carrington as managing director.

mortgage rates turned lower in the week ending August 30 as yields rallied last week in response to the FOMC minutes.

Moody's Investors Service said today that it will rate Motor 2012 PLC, a car loan securitization deal issued by Santander U.K.

The agency’s proposal exempts small servicers from just one of the nine categories in the proposal.

U.S. District Judge Sidney Stein in Manhattan today granted preliminary approval to the agreement and ordered a hearing for Jan. 15.

The payment relief includes the offering of principal reductions to 28,000 borrowers and the refinancing of underwater loans.

The Mortgage Industry Advisory Corp. is offering the portfolio in a one-round, sealed bid auction set for Sept. 24