RMBS

Ginnie Mae is in the process of hiring at least 40 new employees, which would increase the secondary market agency's staff by one-third.

The Federal Reserve Bank of New York has sold $7.014 billion worth of assets from its Maiden Lane II (ML II) portfolio via a competitive process to Credit Suisse.

The Bundesbank, Germany’s central bank, plans to shed roughly €2 billion ($2.6 billion) of distressed property loans tied to the Lehman Brothers' debacle, according to a Financial Times report today.

Bank of America CEO Brian Moynihan said the ongoing settlement talks between the federal government, state attorneys general, and the nation's largest servicers have produced a "package of programs that we believe will be very positive" for the housing market.

Data provider Lender Processing Services (LPS) reported today December 2011 month-end mortgage performance statistics derived from its loan-level database of close to 40 million mortgage loans.

Russian bank VTB 24 is looking to do a securitization of its car loan portfolio and might announce this transaction in 1Q12, according to Interfax Information Agency report.

Freddie Mac reported a new low of 3.88% on 30-year fixed mortgages for the week ending Jan. 19, down one basis point from last week.

Freddie Mac yesterday afternoon released the results of its 28th Annual Adjustable-Rate Mortgage Survey of prime loan offerings. The GSE conducted the survey from Jan. 3 to Jan. 5.

Carrington Holding Co. announced an agreement with certain investment funds managed by Oaktree Capital Management to fund the purchase of up to $450 million in distressed single family homes on a national basis.

The nation's attorneys general, the Department of Justice and the U.S. Department of Housing and Urban Development (HUD) are “very close” to finalizing a legal settlement to settle 'robosigning' allegations levied against the nation's dozen or so top-ranked servicers, HUD secretary Shawn Donovan said Wednesday morning.