RMBS

Fannie Mae 30-year MBS prepaid faster than expected in August. Speeds increased 20% in August from July versus a projection of +14%.

The Basel Committee, representing the Group of Ten nations, sent shivers up the spines of bankers last December when it released its Basel III proposal requiring them to hold significantly more equity to meet higher capital requirements.

Fannie Mae wants out of its defaulted residential mortgage holdings as quickly as possible and is warning loan servicers not to stand in its way.

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.