RMBS

All four federal bank regulatory agencies are conducting targeted exams of foreclosure practices and policies involving on-site examinations and the sampling of loan files at depositories that control a large portion of the nation's $9.9 trillion in housing receivables.

With securitization's future paved with uncertainty, coming up with an estimate of what RMBS volumes will amount to depends on a number of variables.

Equifax will be linking its ABS Credit Risk Insight Direct to Lewtan's ABSNet Loan comprehensive database of residential deal and mortgage performance data.

Historically low mortgage rates are a crucial component of record affordability for home buyers, but lack of confidence in the market and fear of further price declines are challenges that are outweighing that factor, Credit Suisse analysts wrote Wednesday.

As the biggest player in a field of servicing giants, Bank of America Corp. is absorbing the greatest amount of mortgage buyback pain, but some of its problems seem magnified even compared with its size.

Fannie Mae Chief Financial Officer David Johnson plans to leave the company by yearend, according to a regulatory filing Tuesday.

American Home Mortgage Servicing (AHMS) late Tuesday announced that it had hired GMAC Mortgage veteran David Applegate as its new president and CEO.

The Mortgage Bankers Association (MBA) reported that its Refinance Index plunged 16.5% to ~3831 for the week ending Nov.12. This is the lowest the index has been since early July.

Defunct bond insurer Syncora Guarantee reported positive net income for the first three quarters of the year, but said near-term insolvency is still a concern if its insured portfolio tumbles.

The 50-state attorneys general's investigation into the foreclosure scandal might be close to a settlement, reports indicate.