RMBS

The American Securitization Forum (ASF) released its detailed agenda for its ASF 2011 conference that will be held in Orlando, Florida from Feb. 6-9.

The U.S. Treasury released details on the legacy securities public-private investment program (PPIP) capital activity.

Home prices fell another 1% in November and values are just 3.2 percentage points above their April 2009 low, a sign that a double dip recession is in store for the nation's housing stock, according to figures compiled by Standard & Poor's/Case-Shiller.

Investors, as well as issuers of MBS with government guarantees, should take a hit if the underlying loans go bad, according to former GSE regulator James Lockhart.

New York Life Insurance Co., TIAA-CREF, the French bank Dexia and other institutional investors joined the list of bondholders seeking compensation from Bank of America Corp. over losses on Countrywide's MBS.

The Obama administration will not make its Jan. 31st deadline for proposing reforms to the GSEs, an administration official said Monday.

The biggest obstacle to reforming mortgage servicing may be that regulators cannot agree on the proper vehicle for it.

Martin Fingerhut, previously a partner at Blake, Cassels & Graydon's (Blakes) financial services group and chair of the law firm's structured finance group, is moving to Cassels Brock & Blackwell, another Canadian law firm based in Toronto. Fingerhut was hired as a senior partner and head of the firm's securitization group.

Ginnie Mae is weighing its options on what to do with $22 billion in servicing rights it yanked away from Taylor Bean & Whitaker (TBW)in the summer of 2009.

Last year's robo-signing scandals delayed tens of thousands of foreclosures in the 23 states where the process is handled in court. A new controversy could complicate foreclosures in the other 27 states.