RMBS

This is only days before the American Securitization Forum (ASF) is scheduled to host its annual conference, also in Last Vegas.

Bank of America, Citigroup and JPMorgan Chase all received failing grades on Fannie Mae's test of mortgage servicers based on overall performance, customer service and foreclosure prevention efforts.

Australian residentical mortgage-backed securities (RMBS) are benefitting from a benign local economic conditions.

UBS lost its appeal today to dismiss the Federal Housing Finance Agency lawsuit against it for fraud and misrepresentation in mortgage-backed securities, according to court documents.

Obvion announced plans to issue a €744.7 million ($969.10 million) Dutch RMBS, Storm 2013-II— its 2nd transaction of 2013.

A court ruling this week dismissed all claims from Dexia against JPMorgan, Washington Mutual and Bear Stearns over losses on mortgage-backed securities.

The Springleaf mortgage securitization is backed overwhelmingly by loans that are older than four years.

Redwood Trust is back this month with is fifth private-label residential mortgage backed securitization, according to a presale report published today by Kroll Bond Ratings.

A relatively weak framework of representations and warranties in a $616-million residential mortgage-backed security from JP Morgan injected fresh fuel into a discussion that’s been running for several weeks