RMBS

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.

More than three years after the mortgage crisis began, some lenders are still selling loans to Fannie Mae and Freddie Mac without properly verifying borrowers' ability to pay.

Like a shark swimming near a crowded beach, the Dodd-Frank financial reform bill is causing a lot of anxiety for bank loan market participants, especially those who have anything to do with CLOs.

Ginnie Mae guaranteed more than $33.4 billion MBS in June, the agency announced today.

According to a recent report from KfW, €28 billion ($35.27 billion) was publicly placed in Europe’s securitization market over 1H10, three times the amount placed in all of 2009.

Fitch Solutions' CDS liquidity scores will now offer CDS liquidity measures at the contract level in addition to the existing entity level scores launched last year.

Nixon Peabody named Charles Dietzgen as partner in the firm’s corporate trust and global finance practices.

Barclays Capital named Brian Wiele as managing director and head of American securitizations syndicate, according to an internal memo that StructuredFinanceNews.com has obtained.