RMBS

Investors will get a shot at picking up U.K. subprime paper via the new securitization of assets that were originated by GMAC Residential Funding Co.

Standard & Poor's analysts are projecting that 2012 Canadian covered bond issuance will reach C$20 billion. However, this number is below 2011's record C$25.7 billion.

The Treasury Department has agreed to pay $171 million that it withheld from Bank of America, and JPMorgan Chase after the two servicers fixed problems in how they handled government-backed residential loan modifications.

Bank of America issued just $7.9 billion of Ginnie Mae securities in the fourth quarter, a 71% plunge from the same period in 2010, according to new figures compiled by ASR's sister publication, National Mortgage News and the Quarterly Data Report.

If the U.S. economy needs more stimulus, resuming the Federal Reserve's MBS purchase program “would probably be the best course of action,” according to San Francisco Federal Reserve President John Williams.

Halifax has announced it will raise its standard variable rate (SVR) from 3.50% to 3.99% beginning May 1.

The recently unveiled HARP 2.0 initiative should be "fully" operational in late March or early April and is already exceeding expectations, according to Housing and Urban Development secretary Shaun Donovan.

What do the federal bureaucrats who run Fannie Mae and Freddie Mac know that private mortgage lenders don't?

The government's bulk sale initiative to turn foreclosed properties into rentals could be "counterproductive" in certain states, according to the National Association of Realtors (NAR)which is demanding the initiative be scaled back.

After a week of relative quietude via limited data and events that had many participants on vacation for the holiday-shortened week, headlines quickly heated back up to roil the mortgage market.