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Redwood Trust's Sequoia Mortgage Trust 2011-2 (SEMT 2011-2) is in the market with a roughly $375 million prime RMBS.
September 14 -
In the holiday-shortened week ending Sept. 9, mortgage application activity increased 6.3% in response to record low mortgage rates.
September 14 -
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.
September 14 -
DBRS hired David Sánchez Rodríguez for its structured finance group as assistant vice president.
September 14 -
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.
September 13 - Europe
Santander U.K. is slated to price its prime U.K. RMBS on Wednesday, according to a Reuters report.
September 13 -
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.
September 13 -
The Consumer Financial Protection Bureau (CFPB) is entering 'round four' of testing new mortgage disclosure forms, and is now requesting public input on what should be said regarding adjustable rate mortgages.
September 13 -
A federal judge this week ruled that the court-appointed trustee overseeing the liquidation of Thornburg Mortgage, Santa Fe, can move forward with a lawsuit against Barclays Capital alleging the investment banker made improper margin calls that helped drive the jumbo lender/servicer into bankruptcy.
September 13 -
After heavy criticism from investors, analysts and bond insurers over Standard & Poor’s new bond insurance rating criteria, the agency is firing back in self-defense.
September 12