RMBS

As of January 2011, the "shadow inventory" of homes declined slightly from the same time period a year ago, but nine months' worth of supply still remains, according to a new report released by CoreLogic.

Lewis Ranieri, the co-inventor of the MBS, on Wednesday predicted that the new 'qualified residential mortgage' (QRM) rule will push more borrowers into non-QRM loans who would normally qualify for a Fannie Mae or Freddie Mac product.

The Federal Reserve declined American International Group’s offer to buy all of the assets in Maiden Lane II LLC (MLII), according to a release from the Fed.

Although federal regulators aren't giving many specifics as to how they might change servicing compensation, at least one participant in recent meetings with the government said they've decided on a number: 12.5 basis points.

Fannie Mae's relatively new Guaranteed Multifamily Structures Program is gaining market traction.

The House of Representatives late Tuesday voted to kill HAMP, the White House's signature loan modification program and to stop the administration from spending more TARP funds on foreclosure prevention programs.

The Mortgage Bankers Association (MBA) hired Thomas Kim as vice president of commercial regulatory policy.

Not surprisingly, mortgage application activity declined in the week ending March 25 as a result of an uptick in mortgage rates.

Taking a piecemeal approach to housing reform, House Republicans introduced a series of bills Tuesday to scale back Fannie Mae and Freddie Mac.

Depending on who you talked to, the risk-retention proposal out Tuesday would either restore sensible standards to the lending market or result in a significant credit crunch.