RMBS

Opteum Mortgage Insurance Corp. filed an S-3 with the Securities and Exchange Commission to issue RMBS.

Starting Thursday, residential servicers approved by Fannie Mae and Freddie Mac can say yes to short sales without the consent of the mortgage insurer on the loan.

Nationwide Property and Appraisal this week urged lenders to place orders online for natural disaster re-inspections in the wake of Hurricane Sandy.

Mortgage application activity was mixed in the week ending Oct. 26 with refinancings lower and purchases higher.

FHA lenders stuck to their bread and butter product, originating $124.5 billion of purchase money loans in fiscal year 2012 with nearly 78% going to first-time homebuyers.

The Securities Industry and Financial Markets Association (SIFMA) recommended that fixed-income markets be open tomorrow, Wednesday, Oct. 31, for the trading of U.S. dollar-denominated fixed-income securities in the U.S., according to a statement published on the association’s Web site.

Interactive Mortgage Advisors is sending out for auction a $370 million package of servicing rights backed by Ginnie Mae loans.

Both large and small banks protested a June proposal that would implement the Basel III accord by forcing financial institutions to hold more and higher-quality capital.

Oliver Wyman's valuations of the troubled RMBS and CLOs held by Spanish banksprovide a benchmark on what sort of losses securitised transactions face, said analysts at the Royal Bank of Scotland.

However, the government housing programs have limited credit implications in terms of French RMBS and covered bonds, Moody's Investors Service said.