RMBS

Walter Investment Management Corp. posted a $61.7 million loss in the third quarter, citing higher operating and debt costs tied to its purchase of specialty servicer Green Tree Servicing, St. Paul, Minn.

PIMCO has boosted its portfolio management analytics team by appointing three new investment professionals in its New York and London offices.

European issuers managed to get deals priced last week in the face of growing uncertainty over Europe's sovereign debt crisis, but at a cost.

The Prestwick Mortgage Group is selling a $406 million package of Ginnie Mae mortgage servicing rights for an undisclosed mortgage banking firm.

Although the chances are slim, the conforming loan limit in a few high-cost housing markets could rise on Jan. 1.

The odds that Citigroup's $285 million securities settlement with the Securities and Exchange Commission (SEC) would avoid the courtroom of Judge Jed Rakoff were 97%.

A homeowner defense association has accused New York's largest foreclosure law firm of inappropriate behavior and asked the state's top judge to stop any foreclosure cases the firm handles.

Domestic banks are the largest holders of securities issued by Fannie Mae, Freddie Mac and similar entities, according to data from the Federal Reserve. (About half of banks' securities portfolios are made up of mortgage bonds backed by the government.)

Lender Processing Services (LPS) hired Nancy Murphy as vice president of investor relations.

Home prices fell 1.1% in September from the prior month and the outlook for the coming winter months – when sales tend to slow – are anything but positive, according to a new report from CoreLogic.