RMBS

GuardianInvestment Banking and Real Estate today said that Hernan Magarinos joins the New York office as managing director.

The Federal Reserve's plan to buy an unlimited amount of mortgage securities until jobs rebound has helped contribute to higher trading volumes at JP Morgan Chase but the promise to keep rates low through at least mid-2015 has hurt the investment bank's margins, Chairman and Chief Executive Jamie Dimon said during a Oct.12, conference call.

The U.S. Commodity Futures Trading Commission yesterday said that certain securitization structures would be eligible for exclusion from commodity pool regulation.

Standard & Poor's is betting on the resurgence of the private label U.S. RMBS market.

The qualified residential mortgage rule that determines which privately issued mortgages are subject to risk retention has been on the regulatory backburner for months and may even be repealed.

Securitizations of REO single family homes that have been converted to rentals could come as early as next year, Dash Robinson, managing director at Wells Fargo Securities.

The U.K. Financial Services Authority relaxed bank capital requirements for loans granted under the Bank of England's, Funding for Lending Scheme, which could lead to more bank lending, according a Standard & Poor's sector update published today.

Dealogic, the data analytics provider, reported that global non triple-A rated securitization volume has increased 27% from the same period in 2011 and marks the highest year-to-date volume since 2007.

After surging 19.6% the last week of September as mortgage rates fell to new historic lows, refinancing activity eased back.