RMBS

Freddie Mac has announced its sixth offering of Structured Passthrough Certificates or K Certificates backed exclusively by multifamily mortgages with a seven-year term.

Analytics provider CoreLogic appointed Kevin Wall as senior vice president of its default services business.

Senate Minority Leader Mitch McConnell and 38 other Republicans are pledging to file a court brief supporting any legal challenge to the recess appointment of Richard Cordray to the Consumer Financial Protection Bureau (CFPB).

Maverick Funding Corp., Parsippany, N.J. has hired away Joshua Shein, the CEO of reverse lender Great Oak Lending (GOL), who brings with him to his new employer roughly 30 employees including 11 loan officers.

Conventional speeds declined around 6%-8% in January versus an expected 3% average. The factors impacting CPRs included a lower number of collection days at 20 from 21, which offset the slight 4.0% increase on average in refinancing activity in December as mortgage rates slipped to an average of 3.95% from 3.99%.

Loan data verification company IMARC has hired Lisa Binkley as senior director of product design and business development.

After a yearlong effort to reach a multistate settlement with the top five mortgage servicers, state attorneys general and the firms involved finally appear to be close to a deal.

Two new covered bonds from peripheral Eurozone issuers priced last week. The Italian Lender, Intesa San Paolo issued a €1.5 billion ($1.96 billion), 1.5-year unsecured bond at 295 basis points over mid swaps.

A House Financial Services subcommittee is slated to mark up a Federal Housing Administration (FHA) reform bill Tuesday that establishes a minimum annual mortgage insurance premium and extends the agency's indemnification requirements to all approved lenders.

Lloyds Bank has priced its U.K. RMBS deal from the bank's Arkle master trust.