RMBS

The rising number of MBS lawsuits drove the mortgage litigation index to its highest level since it was first issued in 2007.

In his eight years on the Senate Banking Committee, Rick Santorum was an infrequent presence at committee hearings, even though his office was located on the same floor of the Dirksen office building as the committee's hearing room.

Federal regulators must levy fines against residential servicers under their purview to show there are real consequences for their "severe misconduct," according to Federal Reserve governor Sarah Bloom Raskin.

When foreclosure and short sales are excluded from the CoreLogic home price index, it shows that values declined just 0.6% over the 12 months ending Nov. 30.

Royal Bank of Scotland (RBS) analysts said in a report released today that they disagree with the speculation that the redirection of the GSE fees to pay for non-mortgage related expenses makes a credit rating downgrade is likely.

Santander U.K. is reportedly prepping its first U.K. RMBS for 2012 under the Holmes Master trust series.

Investors holding at least $800 million of secured bonds in Residential Capital Corp. (ResCap) have organized in the event the mortgage firm's parent company, Ally Financial, throws the company into bankruptcy.

The year may have started off quietly for European securitizations, but it exploded on the covered bond front.

Current management of the Fannie Mae and Freddie Mac conservatorships is contributing to tight mortgage credit conditions, holding back a recovery in the housing market, according to a Federal Reserve Board official.

Conventional prepayments slowed as expected in December as a result of slightly lower refinancing activity in November. This was partially offset by an increase in the number of collection days to 21 from 20.