RMBS

A rebound in mortgage refinancing activity this month should be an influence in February and March MBS prepayments, though the day count will be the primary driver.

Fitch Ratings projected on Thursday that structured finance issuance in Europe would, in the aggregate, stay flat in 2013 from 2012.

Flagstar Bancorp was sued Friday by MBIA over $165 million in losses related to two securitizations that Flagstar sponsored and MBIA insured in 2006 and 2007.

Retail banks might return to the Mexican market or residential mortgage-backed securities.

The increase in mortgage rates should limit mortgage refinancing activity with the exception of HARP related activity.

Redwood is looking to issue another securitization deal this month that would keep in line with the company’s 2013 goal of boosting issuance over this year.

The American Securitization Forum is concerned that the Consumer Financial Protection Bureau's new Qualified Mortgages guildelines will dry up credit for non-prime borrowers.

The Minnesota Housing Finance Agency's $75 million of tax-exempt homeownership finance bonds mark its third use of a mortgage-backed pass-through structure that’s helped jumpstart new-money, tax-exempt borrowing for single-family housing.