RMBS

MBIA has had strokes of luck lately, with the most recent positive developments coming from lawsuits filed against the company.

Three officials – including chief operating officer Craig Wildrick – recently left Alonhill, an independent third-party mortgage review firm based in Denver.

The National Association of Federal Credit Unions (NAFCU) told Senate leaders this week that continued U.S. support of MBS through Fannie Mae and Freddie Mac is critical for these non-profit lenders.

Redwood Trust's Sequoia Mortgage Trust 2011-2 (SEMT 2011-2) is in the market with a roughly $375 million prime RMBS.

In the holiday-shortened week ending Sept. 9, mortgage application activity increased 6.3% in response to record low mortgage rates.

The New Jersey Supreme Court lifted a foreclosure ban on Ally Financial this week, removing the last state barrier for mortgage servicers to fully resume operations a year after their widespread "robosigning" procedures came to light.

DBRS hired David Sánchez Rodríguez for its structured finance group as assistant vice president.

Perhaps it was appropriate that a panel of professors testified Tuesday about how to reform the U.S. mortgage system since Capitol Hill's approach to the issue is increasingly beginning to resemble an academic exercise.

Santander U.K. is slated to price its prime U.K. RMBS on Wednesday, according to a Reuters report.

Roughly 11 million residential properties – representing 22.5% of homes nationwide – were in some type of negative equity position at June 30, a miniscule improvement from the first quarter, according to new figures compiled by CoreLogic.