RMBS

Freddie Mac said it plans to issue a Mortgage-Linked Amortizing Notes security.

Goldman Sachs this week asked a federal court in Los Angeles to dismiss a billion-dollar private label MBS related lawsuit brought against the firm by the National Credit Union Administration.

Redwood Trust, Inc. announced today that Brett Nicholas will take on the role as the mortgage REIT's President. Fred Matera will take over Nicholas' previous role of Chief Investment Officer.

Capital Markets Cooperative, a secondary market specialist, is continuing to look at possible acquisitions, but is in no rush to sign on the dotted line.

More details emerged this week on Redwood Trust's new RMBS deal. The mortgage REIT told ASR last month that it planned to issue its fourth transaction early 1Q12.

Freddie Mac reported mortgage rates eased to new record lows for all products in its survey for the week ending Jan. 12.

Stonegate Mortgage Corp. has hired former Irwin Mortgage Corp. executive John F. Macke as executive vice president of capital markets in line with growth plans that include the introduction of non-agency Jumbos this year.

To date, the 12 Federal Home Loan Banks have recognized more than $4.4 billion of losses on their investments in private-label mortgage-backed securities, according to the Federal Housing Finance Agency.

Two senior Federal Reserve officials called on policymakers to take steps quickly to help ease the pain of the housing market to assist ongoing efforts to rescue the U.S. economy.