RMBS

ResCap has been scaling back over the past year and its ability to attract new talent could bode well for the company.

Minutes boost QE3 odds and lower coupons

The GSE reported Friday morning that it purchased $32.5 billion in loans from mortgage lenders in July, down from $44.1 billion in June.

Based on the bank's Citigroup analysis, the replacement of dividends will have a considerable positive effect on the GSEs' credit position.

Wells serviced $379.9 billion of the agency's securities at June 30, giving it a 30% market share in that category.

The research firm said the negative equity bucketn improved in 2Q12 versus 1Q12 by $42 billion to $1.15 trillion.

The Federal Reserve Bank of New York announced today the sale of the rest of the securities in the Maiden Lane III (ML III) portfolio.

Moody's Investors Service has outlined the main type of risk that securitizations backed by cash flows from single-family rental properties would present in a report published today.

Sources say Fannie Mae has toyed with the idea of no repurchases after 24 months while Freddie has discussed a larger window.