RMBS

HLSS Holdings is coming out with a $350-million securitization of servicer advances, according to a presale report by Standard & Poor's.

The city council of North Las Vegas, Nevada voted unanimously last night to terminate plans to use eminent domain to seize underwater mortgage loans from private label securitizations trusts.

Fannie Mae hosted an investor call Wednesday to present an overview of its approach to single-family credit risk management, a spokesman confirmed.

Colony American Homes announced today that it closed a $500 million credit facility with J.P. Morgan that will be used to acquire single-family homes across the U.S.

As refinancing volumes plummet, lenders are trying to extend the home financing boom by pitching adjustable-rate mortgages to borrowers, harkening back to the pre-crisis boom years.

Freddie Mac takes the first step in shifting mortgage default risk to the private sector.

SFIG is the latest securitization voice to join opposition against eminent domain. The group filed a brief today in support of Wells Fargo’s lawsuit to stop the City of Richmond, California from seizing mortgage loans under the plan.

Freddie Mac takes the first step in shifting mortgage default risk to the private sector.

The proposed alignment of the qualified residential mortgage rule with existing mortgage risk retention standards will ease the underwriting and securitization of prime borrower loans but are the rules too lenient on borrowers?

Federal regulators on Wednesday proposed aligning new securitization requirements with a recent Consumer Financial Protection Bureau underwriting rule in a move likely to please banks and housing advocates.