RMBS

Karen Pallotta has joined Redwood Trust’s Board of Directors, the company announced in a press release today.

Cantor Fitzgerald hired Gary Wang and Karl Partch as managing directors in whole loan sales and trading.

The Russian ruble is in freefall — it’s down more than 50% since January — and interest rates are climbing on the back of the Bank of Russia’s aggressive efforts to shore up the embattled currency.

International bank regulators finalized changes Thursday that will greatly diminish the role of external ratings agencies in weighting the risk of securitized assets in capital requirements.

Starwood Waypoint Priced its first securitization transaction, a $505 million deal backed by properties that are older than others in this emerging asset class.

Barclays analysts downsized their forecast for issuance of residential mortgage-backed securities (RMBS) by U.K. banks for 2015.