RMBS

Credit Suisse expects mortgage repurchase demands to remain strong throughout the remainder of the year, but believes the worst of it might be over when 2010 ends.

During the boom years, mortgage lenders paid Fannie Mae and Freddie Mac a small fee for accepting stated-income loans. Today those lenders are paying a whole lot more.

Mortgage insurance companies, which have been bleeding massive amounts of red ink for two years, could see their prospects brighten in a post-Fannie Mae/Freddie world, according to one proposal making the rounds in Washington.

Cecile Houlot joined Morgan Stanley as managing director and head of its European securitization effort within the global structured solutions group.

The Federal Deposit Insurance Corp. (FDIC) will soon post bi-weekly records of closed-door meetings it holds with bankers and other stakeholders regarding regulatory reform, the agency said Thursday.

Lewis Ranieri — the co-inventor of the MBS — and bond market maven Bill Gross are among a group of 12 speakers testifying next Tuesday at a Treasury forum on the future of the housing finance system, a discussion that will touch on what to do with Fannie Mae and Freddie Mac.

Jefferies hired John Ockerbloom as a managing director and U.S. head of real estate investment banking.

The Home Affordable Modification Program (HAMP) has succeeded in limiting the supply of distressed properties to hit the market and, as a result, has helped stabilize prices. That success may be short-lived.

Fixed and hybrid ARM rates set new record lows for the week ending Aug. 12, according to Freddie Mac.

Analysts at Barclays Capital expect the additional housing-rescue measures announced today will have little-to-no impact on agency prepayments.