RMBS

Standard & Poor’s rated a $1.6 billion transaction with multiple tranches, originated by Home Loan Servicing Solutions.

Quantitative easing, particularly the Federal Reserve’s ongoing effort to buy mortgage-backed securities, has frustrated smaller banks that are also in the market for such assets.

Canada Mortgage and Housing Corporation (CMHC) announced today the details of the legal framework for Canadian covered bonds.

Carrington Holding Co. has hired Christopher Whalen to head its investment banking operations, according to the Santa Ana, Calif., mortgage banking and servicing company.

Neighborhood Pay Services (NPS) said it plans to expand its direct deposit platform, Rent Assurance, to distressed single family rentals that will be packaged in securitizations.

Issuance of Government National Mortgage Association-backed MBS jumped 12% in November on a sequential basis, to the highest level since December 2009.

Redwood Trust plans to increase its origination private label RMBS origination activity in 2013.

MBS spreads had been tighter heading into Wednesday's FOMC statement; however, the news served to back-up rates with the 10-year note yield rising to 1.699 percent from 1.649 percent

Bob Ryan, a senior HUD official who launched FHA’s foray into risk management as it pertains to lenders, has accepted a position within the capital markets group at Wells Fargo Home Mortgage, according to two Washington sources who have been briefed on the matter.