RMBS

Nationstar Mortgage, the nation's 11th largest servicer, is in talks to buy all or parts of Aurora Loan Services (ALS), according to industry advisors close to the situation.

Results of a recently-closed tender offer for structured bonds by Spain’s Catalunya Banc indicate that investors’ attachment to this paper is stronger than anticipated, at least at the prices offered by the issuer, according to a note by Barclays Capital analyst Dipesh Mehta.

Analytics provider CoreLogic announced a new data-enhanced, appraiser-certified evaluation tool.

While the redenomination specter haunts the more financially fragile members of the eurozone, Kazakhstan has actually gone through the exercise, sparking deep losses in a local RMBS, according to a note by Moody’s Investors Service.

Refinancing activity increased just slightly in the week ending Feb. 10 as mortgage rates ticked up.

The apartment sector is projected to lead the housing market on the road to recovery, but growth in the multifamily sector will be highly uneven, industry experts said last week in Orlando.

Federal officials and state attorneys general released new documents Tuesday about the $25 billion multi-state servicing settlement, but still have yet to release a final settlement term sheet.

FICO scores cover a much wider demographic than proprietary models used by ABS issuers to predict collateral performance, according to FICO Senior Director Adem Yilmaz.

The Obama administration is urging Congress to extend a tax provision allowing troubled homeowners that complete a short sale — or benefit from a principal reduction — to avoid paying taxes on the discharged amount of their loan balance.

With its lawsuits hanging by a thread, National Credit Union Administration (NCUA) urged separate federal courts here and in Kansas Friday to allow it to advance its claims and make its case against Wall Street banks who sold faulty MBS that caused the failure of five corporate credit unions.