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Home-equity loan installment balances rose 0.3% in August, representing the first increase since November 2007,
October 1 -
Wells Fargo reviewed three different time segments of gross purchase activity by the Fed, the first two weeks of QE3, the two weeks leading up to QE3 and the time since inception.
October 1 -
Morgan Stanley Mortgage Capital Holdings was sued for at least $110.8 million by a trustee for investors in MBS.
October 1 -
HLSS Holdings has paid $238 million for the right to “receive servicing fees” on $6.7 billion of subprime and Alt-A mortgages from Ocwen Financial Corp.
October 1 -
The mortgage and MBS market landscapes have profoundly changed over the last month as a result of actions by both regulators and monetary authorities.
October 1 -
In a clear sign that everyone's getting more comfortable with ABS, JPMorgan analysts reported that about $18 billion was issued in the market during the first three weeks of September.
October 1 - Europe
In the aftermath of a critical audit of Spanish banks, some institutions will face any combination of restructuring, merger into a larger institution, a wind-down or bad-asset sales. Covered bonds are bound to feel some effect.
October 1 -
JPMorgan Securities analysts look at the effect on excess spread from a bankruptcy judge's decision allowing Ambac to start making payments on wrapped non-agency bonds.
October 1 -
David Schneider and Steven Rotella – former Washington Mutual executives who paid fines to the Federal Deposit Insurance Corp. last year for the thrift's "reckless" lending practices – are eyeing a return to mortgage lending.
October 1 -
A new fear has began to take hold in the mortgage servicing industry: the GSEs are preparing to hike their minimum net-worth requirement for all customers.
October 1