RMBS

Distressed loan investors in particular need to keep an eye on potential legal developments arising from recent foreclosure concerns because they could affect their rights one way or another.

American Home Mortgage Servicing (AHMSI) is in the market with a four-tranche deal totaling $1.3 billion called AH Mortgage Advance Trust 2010-ADV2.

Misleading MBS investments offered by Bear Stearns allegedly “directly smacked” the Oregon Public Employees’ Retirement Fund (OPERF) with more than $17 million in losses following the 2008 economic collapse, state officials said today in a suit.

Landon Parsons joined Moelis & Co. as senior advisor in the firm’s risk advisory group.

U.S.-dollar denominated covered bond volume stands at $28.9 billion representing 25 deals year-to-date — the highest year-to-date volume on record.

Santander U.K. has announced the capital structure for its new U.K. RMBS securitization deal, Holmes 2010-1 .

The Securities and Exchange Commission (SEC) wants publicly traded depositories to provide "clear and transparent" disclosures on the impact mortgage buyback and foreclosure reviews will have on their bottom line in future quarters.

The Securities Industry and Financial Markets Association’s (SIFMA) U.S. Covered Bond Council criticized the Federal Deposit Insurance Corp.'s (FDIC) stance on covered bonds.

Ambac Financial Group, parent of the junk-rated bond insurer Ambac Assurance Corp., said in a regulatory filing Monday morning that it may be forced to file for bankruptcy by yearend because it has been unable to raise fresh capital.

The National Credit Union Association (NCUA) and the Federal Deposit Insurance Corp. (FDIC) each priced sizable CMOs in mid-September that are unlikely to be the last because of their incremental yield and issuer financing benefits, and because more banks are destined to fail.