RMBS

Mortgage servicer Ocwen Financial is seeking a $575 million term loan B to finance its acquisition of Litton from Goldman Sachs.

Builders’ confidence in the market for new single-family homes dropped, as the National Association of Home Builders' (NAHB) housing market index - a monthly gauge of builder sentiment – grew to 15 in July from 13 in June.

Richard Cordray, the enforcement chief at the Consumer Financial Protection Bureau (CFPB), will be named to lead the new regulator, the Obama administration said Sunday.

Two Harbors Investment Corp., a REIT with Jumbo plans and an additional equity offering in the works, was one of the most actively traded stocks on the NYSE Friday afternoon.

A recent report by Moody’s Analytics found that the decline of consumer credit balances has slowed. This might potentially serve as signs of credit recovery and the end of deleveraging. However, any continued improvement is predicated on the strength of the macroeconomic recovery.

The macro events surrounding the European Union's (EU) sovereign debt with increased worries about Italy and Spain and the U.S. debt ceiling talks — including downgrade warnings from the rating agencies if an agreement wasn't reached soon — dominated this week's headlines.

Existing home sales rose 7.5% in June from the prior month on a non-seasonally adjusted basis and prices increased for the third consecutive month, according to new figures compiled by RE/MAX.

After the tense moments of her last congressional hearing, Elizabeth Warren surprised critics at her second appearance before the House Committee on Oversight and Government Reform with a carrot of sorts.

Ginnie Mae issuers sold $26.2 billion of MBS into the secondary market in June, up 3% from the previous month, according to new government figures.

Bank of America is exploring the idea of selling roughly $40 billion of mortgage servicing rights tied to Freddie Mac loans, according to servicing officials and investors who have been briefed about the plan.