RMBS

With the votes lined up, the Senate Tuesday was poised to set in motion the final countdown to a vote on financial regulatory reform.

Kroll Bond Ratings made public the members of its senior management team, which include experts from a range of financial disciplines.

Senate Democratic leaders have rounded up three Republican votes and are close to securing passage of the Dodd-Frank Wall Street Reform bill.

Two private investors have teamed up to buy a roughly $1.2 billion pool of mostly nonperforming residential whole loans offered by the Federal Deposit Insurance Corp. (FDIC), investment banking officials and sources close to the deal confirmed to National Mortgage News.

Deutsche Bank hired Jeffrey Mayer as head of global markets for North America. Mayer will be managing the bank’s market-leading sales and trading business in the region.

PIMCO has named Kristofer Kraus a new executive vice president within its advisory division. He will help lead new business development and relationship management.

PIMCO has named Kristofer Kraus a new executive vice president within its advisory division. He will help lead new business development and relationship management.

Residential foreclosures could top 1.23 million units this year, according to figures compiled by CoreLogic, Los Altos, Calif.

The Federal Deposit Insurance Corp. (FDIC) hopes to sell a MBS collateralized by at least $500 million of performing residential whole loans by the end of this month through a private placement deal, investment banking sources told National Mortgage News.

Passing regulatory reform legislation, a grueling effort that has taken more than a year of debate, is just a warm-up for an even tougher fight over the future of Fannie Mae and Freddie Mac.