RMBS

Capital One Financial Corp. will acquire $41 billion of mortgage loans and $20 billion in various types of MBS as part of its $9 billion purchase of ING Direct USA.

When the largest lender –by far – in a mortgage niche exits the sector it usually signals that trouble is afoot. But according to the head of the National Reverse Mortgage Lenders Association (NRMLA), Wells Fargo’s exit from the reverse business is not a death knell.

The Federal Deposit Insurance Corp. (FDIC) is preparing $2 billion worth of structured asset sales that will hit the market shortly, a top agency official said Thursday.

Continuing its string of new hires, Barclays Capital has appointed Kenneth Rosenberg as part of its securitization syndicate team.

Favorable regulatory treatment for the covered bond sector in Europe has spurred its growth. said panelists at the Global ABS 2011 conference held this week in Brussels.

Buysiders speaking at an investor roundtable panel said that understanding ABS collateral is key to structured finance recovery.

Despite the overall struggles and uncertainty of the mortgage industry in recent years, mortgage real estate investment trusts (REITs) enjoy a unique advantage over both banks and other non-bank entities, according to a report by Morrison Foerster.

At one of the panels at the Global ABS 2011 conference being held in Brussels this week, participants discussed the new data disclosure requirements from the European Central Bank (ECB).

There remains value in certain European ABS sectors despite their risk profile, said panelists at the Association for Financial Markets in Europe’s (AFME) and the Information Management Network’s Global ABS 2011 conference being held in Brussels this week.

Sapient Global Markets and Standard and Poor’s Valuation and Risk Strategies (S&P VRS) announced their formal partnership in a statement today.