RMBS

A majority of the largest national banks tightened their underwriting standards on home mortgages during a 12-month period ending March 31, according to a new report released by the Comptroller of the Currency (OCC).

The National Association of Insurance Commissioners (NAIC) has chosen Blackrock Solutions to assist state regulators as they determine risk-based capital (RBC) requirements for the CMBS held by insurers.

The GSE regulator Thursday issued new affordable goals that Fannie Mae and Freddie Mac are expected to meet this calendar year.

Mortgage companies added 2,300 full-time employees to their payrolls in July as refinancing applications swelled, compensating for a weak purchase money business.

America First Tax Exempt Investors said Thursday that it has financed approximately $95.8 million through a new long-term secured debt financing facility with Freddie Mac.

The days of bailouts of large financial institutions are officially over, Federal Reserve Board Chairman Ben Bernanke said Thursday.

Delinquency rates were mixed in the second quarter for commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

Markit plans to launch an MBX agency mortgage bond index on Sept. 12. The new Index offers investors exposure to both interest-only swaps and principle-only cash flows.

Mortgage servicers completed 120,350 proprietary loan modifications in July and 757,750 for the first seven months of this year, according to new figures released by the HOPE NOW Alliance.

MetLife Bank plans to officially launch its new warehouse lending division in the fourth quarter and is in the process of hiring between four and six additional staffers for the business.