RMBS

Some serious issues have arisen from conflicts created by the dual role that mortgage servicers play - where in several cases, the servicer is also the seller on a securitization deal.

The great stumbling block to getting a mortgage-related covered bond market off the ground in the U.S. continues to be the Federal Deposit Insurance Corp. (FDIC)

Thanks to the national foreclosure mess, it could take up to 40 months to clear a 1.5 million unit "shadow inventory" tied to non-agency delinquent mortgages, foreclosures and REOs, according to a new report from Fitch Ratings.

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.