RMBS

Prime RMBS performance in Spain looked relatively stable month-to-month in August, but the full impact of the country's record high unemployment has not yet taken full effect, according to a Moody’s Investors Service report.

The Paragon Group of Cos. appointed Peter Shorthouse as director of treasury and structured finance.

The Securities and Exchange Commission (SEC) is considering rules that would require ABS issuers to perform a review of the assets underlying the securities, and to disclose information relating to the review.

Markit has agreed to acquire the Loan/SERV messaging portal from the Depository Trust & Clearing Corporation (DTCC).

There is a lot of talk about today’s improved loan quality and loans on the secondary market today are better, but recent events have clearly highlighted the need for better vetting when it comes to processing on the servicing side, and not to be overlooked as this occurs is that there is still a lot to look out for on the origination side, too.

State banking regulators and several attorneys general are forming a multi-state task force to investigate the nation's foreclosure crisis, zeroing in on whether servicers cut corners on their paperwork.

The merger of the Office of the Comptroller of the Currency (OCC) and Office of Thrift Supervision (OTS) is shaping up to be the match made in regulatory hell.

Valuing mortgage servicing rights is tricky in normal times. The foreclosure documentation mess threatens to make the process even more difficult.

Lehman Brothers Holdings said bond insurer Ambac Financial Group has dropped claims worth more than $6.1 billion against the company, according to court filings.

Litton Loan Servicing, the nation's fifth largest servicer of subprime mortgages, said it will halt certain foreclosures to review how its processes these delinquent loans.