RMBS

Last week the Senate passed a payroll tax compromise (H.R. 3630) containing a provision to raise GSE and Federal Housing Administration (FHA) guarantee fees by 10 basis points on new originations.

House GOP lenders want to conference with the Senate on a full-year extension. But Senate majority leader Harry Reid, D-Nev., maintains he will not start negotiations until the House passes the two-month extension that the Senate approved Saturday by a 89-10 vote.

Federal regulators unveiled a highly-anticipated proposal Tuesday that details how they plan to regulate the largest domestic financial firms, including new capital and liquidity requirements.

Vertical Capital Markets Group, Irvine, Calif., this week launched a new fund that invests primarily in assets of residential performing loans secured by first mortgages or deeds of trust.

A federal judge yesterday questioned National Credit Union Administration’s (NCUA) claims of malfeasance in the sale of MBS to WesCorp Federal Credit Union by RBS Securities.

Single-family housing starts rose 2.4% in November on a sequential basis while multifamily starts jumped 32%, according to a new government report.

It looks like Iowa Attorney General Tom Miller won't be getting his Christmas wish this year.

There's no law against running a flawed business poorly. If there were, the Securities and Exchange Commission (SEC) would have far more to work with in going after former Fannie Mae and Freddie Mac bosses for misleading investors.

Fannie Mae's chief economist is warning that the U.S. has a 40% chance of slipping into a double-dip recession in 2012.

A long-awaited package of critical regulations from the Federal Reserve Board — viewed by many as the core of the Dodd-Frank Act — are expected to be released Tuesday, according to a person familiar with the matter.