RMBS

Most thrift holding companies will get a two-year phase in period for following Federal Reserve Board reporting requirements while others will initially be exempted, the central bank said Friday.

House prices fell 1.2% in October after dipping 0.7% in September, according to new figures released by Standard & Poor's Tuesday morning.

There were mixed signals last week on the strength of the economy and housing in particular.

Edward DeMarco, the acting director of the Federal Housing Finance Agency, has one of the toughest jobs in town.

Four federal regulators on Friday announced they would give commenters an additional month to weigh in on sweeping restrictions to banks' proprietary trading vehicles.

Fitch Ratings this week downgraded its servicer rating on Ocwen Financial Corp., Atlanta, questioning its rapid expansion in servicing contracts and voicing doubts about its heavy use of offshore workers.

Add the name of EverBank Financial to the list of bidders that have been kicking the tires at MetLife Home Loans, Irving, Texas.

Five industry trade groups have sent a new letter to Federal Housing Finance Agency (FHFA) director Edward DeMarco, telling him – more or less – that they believe the 'fee for service' (FFS) concept would be a disaster for both the industry and consumers.

The Financial Industry Regulatory Authority (FINRA) yesterday said it has fined Barclays Capital $3 million for misrepresenting delinquency data and inadequate supervision on the issuance of subprime RMBS.

Mortgage rates continue to fall even lower. Freddie Mac reported its recent weekly survey shows the average 30-year fixed-rate mortgage fell to 3.91%, the lowest point in four decades and the sixth time a new low has been reached during 2011.