RMBS

State Street Corp. made enhancements to its risk analytics and servicing tools for institutional buyers.

All homeowners current on their mortgages need to be refinanced into a mortgage with a 4.5% interest rate to help the economy, said Ted Jones, the chief economist at Stewart Title.

The Federal Reserve Board, the sole bank holding company regulator for decades, is about to experience a pretty new concept: a teammate.

Mayer Brown appointed Dominic Griffiths as the new head of the banking and finance group in London.

New industry research confirms what servicers and loss mitigation specialists have been saying in recent months: demand for short sales is going through the roof.

Today the Federal Reserve Bank of New York bought $3.609 billion in Treasury debt maturing from 2016 to 2020, published reports said.

The average 30-year fixed rate during the week ending Aug. 19 once again dropped to another low as it has continued to fall at a pace that could theoretically benefit even borrowers who got loans relatively recently.

Economists at the Federal Reserve Bank of Cleveland have weighed in on the long-running debate over whether to let bankruptcy judges modify home mortgages, saying evidence suggests the strategy helped stem farm foreclosures in the 1980s.

After the mortgage securitization market shut down and the Treasury Department put the GSEs Fannie Mae and Freddie Mac into conservatorship in 2008, the Treasury issued a white paper suggesting covered bonds as an alternative. The administration and Congress are currently working on enabling legislation.

SMART Servicing, an affiliate of Steel Mountain Capital Management, is offering new software that provides the residential mortgage loan market with loan level information designed to help users control loss severity.