RMBS

Whole Loan Capital is auctioning off a $553 million portfolio of GSE and bank residential servicing rights.

The CFPB has published with the Federal Register for public comment an interim final rule establishing Regulation D or the Alternative Mortgage Transaction Parity.

Short sale timelines and completions are improving, but servicing executives also know their industry can have better results in the government-backed Home Affordable Foreclosure Alternatives program, according to panelists at this week’s Best Practices in Loss Mitigation Conference in Dallas, sponsored by National Mortgage News.

Deer Park Road Corp., a distressed mortgage and ABS fixed-income securities manager, has strengthened its portfolio management team as the firm’s assets continue to grow, it announced in a July 20 statement.

The National Association of Home Builders (NAHB) is developing an index of "healing housing markets" in an attempt to offset the negative press that casts a pall over the entire sector whenever national price statistics are released.

It appears that the sacred cow known as the mortgage interest deduction (MID) is on the table as the White House and Congress grapple on a budget deal to lift the federal debt ceiling.

The American Securitization Forum (ASF) filed its comment letter on proposed rulemaking as required under the Dodd-Frank Act for qualified mortgages (QMs) with the new Consumer Financial Protection Bureau (CFPB) and the Board of Governors of the Federal Reserve System (FRB).

Fitch Ratings said in a report today that improved fundamentals in the in the U.S. commercial real estate (CRE) sector has led to a greater percentage of stable outlooks for investment grade CMBS deals.

JPMorgan Chase's net exposure to the sovereign debt of financially troubled countries is just $15 billion. At Goldman Sachs it's a paltry $1.5 billion. Bank of America's is under $17 billion and Citigroup has $22 billion.

Six Federal Home Loan banks have launched a salvo against Bank of America Corp.'s proposed $8.5 billion mortgage bondholder settlement, suggesting the payout may need to be triple that amount.