RMBS

State Street will be selling investments worth roughly $11 billion while taking a $350 million loss on the securities.

BDO Valuation Advisors has hired Greg Adams as director and national real estate practice leader, the firm announced.

Morgan Stanley is the latest target of MBIA's quest to win back more than $2 billion of claims it paid on MBS that went bust during the financial crisis.

DoubleLine Capital, the brainchild of portfolio manager Jeffrey Gundlach, revealed in a Securities and Exchange Commission (SEC) filing Monday that “employees and former employees” have been questioned by federal investigators.

A report from Fitch Ratings said the manufactured housing sector, which historically has had "problematic performance," has been relatively stable in 2010.

One of the innocent casualties of the mortgage bust/housing bubble was the secondary market for servicing rights.

An updated CoreLogic 2010 Mortgage Fraud Trends Report finds that while overall mortgage fraud has increased by 20% compared to its lowest level in 2009, refinance fraud increased by 30%.

November prepayments were slightly faster than projected, although speeds overall remained fairly benign considering current mortgage rate levels.

Wilmington Trust was appointed as a member of the unsecured creditors’ committee in the bankruptcy of Credit-Based Asset Servicing and Securitization (C-Bass), which filed for chapter 11 on Nov. 12 in the U.S. Bankruptcy Court for the Southern District of New York.

Bank of America, Morgan Stanley and Citigroup could be downgraded next year, according to a Dec. 6 report published by Nomura Securities International that warned that downgrades for any of the three could impact their ability to operate readily in the commercial paper and repo markets and chase up funding costs.