RMBS

Investors had been anticipating and preparing for QE3 action since spring, so it was only natural for profit taking to emerge, especially with quarter-end approaching.

Director Richard Cordray of the Consumer Financial Protection Bureau has said that lenders should not be overly concerned with potential legal liability for making so-called "qualified mortgages"

The RMBS Working Group, which was formed to probe misconduct in the mortgage market during the run-up to the financial crisis, may be getting ready to take action.

Bank of America this week auctioned off $14 billion worth of residential mortgage servicing rights, according to bidders and advisors close to the situation.

Matthew G.J. Duncan, Theresa Kradjian, and Paul Matthews join the firm from Sidley Austin. Sean J.W. Crosky came from Norton Rose, according to a release from the law firm.

Fannie Mae is telling new seller/servicers that it will cap how much product they can sell to the GSE based on their net worth and other factors.

On Oct. 23 advisors representing the bankrupt Residential Capital Corp. will auction off the firm’s massive residential servicing portfolio and what’s left of its origination arm.

Freddie Mac reported 30-year fixed mortgage rates moved back to match July's record low of 3.49% in the week ending Sept. 20, down six basis points from the previous week.

A group of Republican state attorneys general has declined to sign cooperation agreements with the Consumer Financial Protection Bureau.