RMBS

Charles Plosser, the president of the Federal Reserve Bank of Philadelphia, on Thursday sided with top regulators in saying they were unlikely to complete the Volcker Rule by its summer deadline."It is not clear at all that we will make the July deadline given the complexities," Plosser told reporters following a speech before the National Economist Club.

It's no secret that nontraditional players have been gobbling up mortgage servicing rights on the cheap, shifting the power structure in a business that has rapidly seen its fortunes wane during the nation's housing depression.

Aurelius Capital Master and UBS have withdrawn from suits against bond-insurer MBIA.

A lack of comprehensive planning by the Treasury Department and an inability to enlist servicer participation has stymied a federal program that provided billions in borrower assistance to state housing agencies, according to an inspector general's report.

Residential real estate activity showed “some” improvement in March, but there were few signs of spring for the single-family housing market in the Federal Reserve's Beige Book report released Wednesday afternoon.

FICO's new chief executive is starting in defense mode, as the credit-score giant looks to regain the reputation and business it has lost in the wake of the financial crisis.

Foreclosure filings fell in the first quarter to their lowest level since the end of 2007, according to new figures compiled by RealtyTrac, but the mortgage and housing industries shouldn't pop the champagne quite yet.Default notices, scheduled auctions and bank repossessions were reported on 572,928 properties during the quarter, a 2% sequential decline, and a 16% drop from a year ago.

Santander U.K. has priced its $1.2 billion RMBS issued under its Holmes Master Trust.

The government controlled Ally Financial Thursday morning filed an amended S-1 statement with the Securities and Exchange Commission, saying it hopes to sell $100 million worth of common stock to the general public.

Freddie Mac reported 30-year fixed mortgage rates plunged 10 basis points to 3.88% as of the week ending April 12 in response to the recent flight to quality.