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Starting in 1Q12, Fannie Mae will begin disclosing loan-level data for its single-family MBS. The GSE's first release will offer at issuance loan-level data for newly issued single-family collateral.
January 4 -
The Collingwood Group acquired GWN Consulting, which is a firm specializing in Federal Housing Administration (FHA) and Ginnie Mae risk management and quality control.
January 4 -
A New York Supreme Court judge has ruled in favor of MBIA, allowing the bond insurer to gain more footing in its suit against Bank of America's Countrywide.
January 4 -
As expected, the holidays intruded on mortgage application activity as 30-year fixed mortgage rates closed out the year at their lowest level for 2011.
January 4 -
The fight over a capital surcharge for the largest banks took center stage in 2011, at least in the international Basel III process, as the chief executives of some major banks publicly clashed with regulators over the issue.
January 3 -
The private-label MBS market might get a boost from two companies that are planning to issue in 2012 — Redwood Trust, the only issuer of non-agency MBS securitizations post-crisis, and Two Harbors Investment Corp., which is partnering with Barclays Capital.
January 3 -
The top 10 sellers of mortgages to Fannie Mae and Freddie Mac pay 20 basis points in guarantee fees compared to 30 basis points for firms outside the top 100, according to a new report from Keefe Bruyette & Woods (KBW).
January 3 -
After the passage of the Temporary Payroll Tax Cut Continuation Act of 2011 (H.R. 3765), the Federal Housing Finance Agency (FHFA) stated there will be a 10 basis point GSE g-fee increase effective April 1, 2012.
January 3 -
DBRS released a report today regarding the Attorneys General settlement with servicers. The rating agency said it will continue to monitor the servicing industry regarding the final settlement terms and the effect the settlement will have on the secondary market.
January 3 -
MGIC Investment Corp. at yearend contributed $200 million of cash to its mortgage insurance subsidiary as two important capital waiver deadlines expired.
January 3