RMBS

Nationstar Mortgage said it is developing a programmatic Term ABS issuance program to finance current and future acquisitions of Agency and non-Agency servicing advance assets.

San Bernardino County announced on Thursday that it decided against a controversial proposal that would have allowed the county to seize underwater loans held in private-label MBS trusts using its power of eminent domain.

The housing industry's positive reaction to the Consumer Financial Protection Bureau’s (CFPB) "qualified mortgage" rule, which governs mortgage underwriting, is prompting cautious optimism that a related securitization rule may also turn out better than expected.

CoreLogic today unveiled its bond assessment service for non-agency residential mortgage-backed securities (RMBS).

WE’RE HEARING there’s no easy way to get a high rating on an REO-to-rental securitization. But a strong sponsor helps.

Servicers need to pay more attention to changes in home prices and how they relate to delinquency rates.

Egan-Jones Ratings Company and its president Sean Egan will be barred for at least 18 months from rating asset-backed and government securities issuers as a Nationally Recognized Statistical Rating Organization.

Kroll Bonds Rating and Fitch Ratings assigned preliminary ratings to Redwood’s second residential mortgage-backed securitization in 2013 called Sequoia Mortgage Trust 2013-2.

Covered bond investors are taking a more flexible view of the ratings and other characteristics of these investments, according to a survey conducted last month by Fitch Ratings. Yet they are discriminating about which jurisdictions they want exposure to.