RMBS

Phoenix Capital is offering an $816 million package of Fannie Mae servicing rights owned by a West Coast mortgage company called Just Mortgage.

As regulators try to collaborate on new securitization rules, a fissure has emerged in bankers' own thinking on the subject.

After a record 2010, covered bond supply is expected to drop in 2011 as banks begin to choose other alternatives, Societe Generale analysts said.

Thomas F. O'Neill, a founding principal of Sandler O'Neill Partners, unveiled plans to retire from the New York banking firm — but join a financial services company controlled by MBS co-inventor Lew Ranieri.

Moody's Investors Service placed the 'Aaa(sf)' ratings on six Irish residential RMBS and one balance sheet CLO on review for possible downgrade.

Tradeweb and three Wall Street firms this week launched technology designed to mitigate the risk of failed to-be-announced (TBA) MBS trades in situations where deals can be resolved by delivery through tri-party arrangements.

Freddie Mac reported further increases in mortgage rates for the week ending Dec. 2 following the latest sell-off.

With foreclosures at an elevated level since the mortgage crisis broke out, the Mortgage Electronic Registry System (MERS) has come under scrutiny.

Last month Asset Securitization Report met with dealmakers to talk about the future of covered bonds in the U.S.

Next year is looking to be another interesting one for the MBS market and a contributor to this is the possibility of the implementation of a fails penalty.