RMBS

The Federal Reserve Bank of Chicago released a study called The Role of Securitization in Mortgage Renegotiation.

Freddie Mac's multifamily business had $15 billion in volume for 2010, down from $17 billion in 2009. The totals cover both its whole loan and bond guarantee business.

Next week a House Financial Services subcommittee will hold its first hearing on the future of the GSEs by looking at what immediate steps can be taken to stem the losses at Fannie Mae and Freddie Mac.

The European covered bond primary market saw €13.5 billion of benchmark deals issued over the last five trading days.

Mortgage rates remained almost the same in the week ending Feb. 3, according to Freddie Mac.

Credit Suisse hired Dale Westhoff as the global head of structured products research. Westhoff. who will be based in New York, will focus on MBS, ABS and other structured products.

Most people believe the Basel III capital rules are buttoned up. International regulators worked hard, agreed in December to impose tough standards and then gave bankers eight years to meet them.

If only the administration's task in fixing housing finance was as easy as choosing plan A or plan B.

HOPE NOW released its final 2010 loan modification data. The group estimated that 1.76 million homeowners received permanent, affordable loan modifications from mortgage servicers in 2010.

The GSEs are looking at how to better align servicing fees with the servicer’s cost structure and how to create a servicing asset that is more capital friendly under Basel III.