RMBS

Freddie Mac said it expects to offer around $1.1 billion in structured passthrough certificates (K Certificates), multifamily MBS.

Amherst Securities is advising investors to be overweight on MBS, telling them that prepayment speeds are not really a factor – despite ultra low mortgage rates.

Ambac Financial Group announced late Monday it filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York.

At a press conference following the European Central Bank's (ECB) rate decision last week, its President Jean-Claude Trichet said that the ECB is looking to create disincentives for banks who refinance exclusively through the bank.

DBRS hired Mike Babick for its structured finance group as a senior vice president effective Nov. 1.

Fannie Mae has named investment banker John Nichols chief risk officer for its capital markets division.

Fannie Mae said Friday that it lost $3.46 billion during the third quarter, as it paid a $2.12 billion dividend payment to the government.

The foreclosure document debacle, a huge embarrassment and liability for mortgage servicers, could soon also ensnare the banks that act as trustees for securitizations.

House price appreciation may not be what it used to be, but most participants in the National Association of Realtors' (NAR) annual profile of buyers and sellers still believe home ownership is a sound investment.

Redwood Trust, the only company to securitize jumbo loans during the past two years, has pushed backed its second deal to early 2011 because of a lack of available product.