RMBS

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

Wells Fargo & Co. unveiled specific new terms in the national mortgage servicing settlement on Tuesday, providing the most detailed summary to date of what concessions banks did and did not win from federal and state officials.

Freddie Mac announced a new offering of its multifamily MBS called Structured Pass-Through Certificates.

Traccr has said that a structured products specialist Swiss client has executed a $5 million bespoke credit-linked note (CLN) through the firm's electronic platform.

The Federal Housing Administration (FHA) is following through with its pledge to increase upfront and annual insurance premiums on its forward single-family business.

The backlash against the Volcker Rule has officially gone global. While U.S. banks are still up in arms about how regulators propose to implement the trading ban, the protests sound just as loud from foreign institutions and even their governments, which fear the U.S. is stepping outside its jurisdiction.

Fitch Ratings thinks that the decision Monday by the U.S. Appeals Court in Manhattan to send back the proposed $8.5 billion Countrywide Financial Corp. (CFC) RMBS settlement back to state court might facilitate its approval. Bank of America Corp. (BAC) bought CFC in an all-stock deal in 2008.

U.S. consumers are still in the process of de-leveraging, mainly by reducing their residential mortgage debt, Standard and Poor's analysts cited fourth quarter 2011 New York Federal Reserve data.

Bond insurer Ambac Financial Group is offering the Internal Revenue Service (IRS) $102 million to settle the agency’s $800 million claim against it.

Fannie Mae has hit the market with a 2,490-REO package designed for bulk investors – the first such pilot auction promised by its regulator, the Federal Housing Finance Agency (FHFA).