RMBS

Flagstar Bancorp (FBC) in Troy, Mich., will pay $110 million to settle allegations that it misrepresented the quality of more than $1 billion of private label mortgage-backed securities it sold to investors.

Dan Perl, chairman & CEO of Citadel Servicing said that he sees a market for the securitization of private label, non-prime mortgage loans.

As new deal volume in the private label RMBS market continues to ramp up, so do questions from investors about how these deals will evolve over time.

As new deal volume in the private label RMBS market continues to ramp up, so do questions from investors about how these deals will evolve over time.

The Structured Finance Industry Group's membership keeps growing.

The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to move ahead with the development of a common securitization platform.

The six regulatory agencies that are working on the qualified residential mortgage risk retention rule are looking at aligning it with the qualified mortgage rule, according to a key participant.

David Akre is the new managing director at Oak Circle Capital Partners, where he will develop opportunities in in non-agency RMBS investments, securitization and origination.

Redwood Trust has issued $2.7 billion in private label jumbo mortgage securitizations, nearly doubling its MBS issuance since restarting issuance in 2010.