RMBS

As home prices fall again and regulatory reforms take hold, long-simmering tensions between mortgage lenders and appraisers are flaring up anew.

CoreLogic said one of the main reasons why the real estate industry and finance markets continue to have problems is negative equity for a borrower.

KeyBanc Capital Markets' (KBCM) recently hired Joseph McHale as managing director to its MBS sales and trading group, as reported on May 12 by StructuredFinanceNews.com (see link).

Any hope of a housing market recovery next year may be dashed, if state attorneys general and the major mortgage servicers can't reach a settlement by August, according to economists at Wells Fargo.

Syncora Guarantee reported positive net income for the first quarter but said it faces liquidity problems that threaten its future long-term obligations.

Robert Mills, chief financial officer of Assured Guaranty, will become chief operating officer, effective June 1. He will fill the role that has been vacant since March 31, when Séan McCarthy resigned.

Nationstar Mortgage Holdings, the nation’s 19th largest servicer of residential loans and a top subservicer for Fannie Mae, late Monday filed registration papers with the Securities and Exchange Commission (SEC), declaring its intention to go public.

As the government builds a new regime for writing consumer protection rules, an existing bank regulator has put a twist on enforcing them.

Thriving in home loans is a tall order these days, but executives at Discover Financial Services sought to make the case Friday why the timing is right for their purchase of Tree.com Inc.'s mortgage origination unit.

Amherst Securities Group (ASG) analysts examined five conflicts of interest between servicers and borrowers/investors in a report released yesterday.