-
The House of Representatives is expected to vote on and pass legislation next week giving the Federal Housing Administration (FHA) more flexibility in adjusting mortgage insurance premiums and tools to rebuild its capital reserves.
June 7 -
Securitization structures have widely been known to be a longstanding roadblock when it comes to working out the mass of problem loans originated between 2005 and 2008 — but that is starting to change, according to Jeffrey Taylor, managing director at Digital Risk.
June 4 -
A study from VantageScore Solutions shows there are more than 60 million creditworthy consumers who are potential borrowers in the U.S.
June 4 -
Experian announced that CreditHorizonsSM for Securities, which delivers Experian’s consumer credit information for non-agency MBS.
June 4 -
Fitch Ratings has withdrawn Wilshire Credit Corp.'s U.S. residential servicer ratings.
June 4 -
Mortgage rates for the week ending June 3 remained almost the same from last week, according to Freddie Mac.
June 3 -
An independent analysis of the Federal Home Loan Bank of San Francisco's investment portfolio is fueling doubts about the health of the bank, the largest of the 12 institutions in the system.
June 3 -
DBRS further clarified its interpretation of Securities and Exchange Commission (SEC) rule 17g-5. The credit rating agency disclosed its planned approaches for both exempt and non-exempt structured finance (SF) instruments in light of the changes to the said ruling.
June 3 -
Bank of America Corp. said Wednesday that most of the home-mortgage borrowers it had planned to offer principal reductions under a company program will instead be funneled to a government initiative that gives the servicer incentive payments.
June 3 -
Rep. Brad Sherman, D-Calif., is urging House conferees on a regulatory reform bill to support a Senate-passed amendment aimed at reforming the credit rating process that led to 'AAA'-ratings for subprime mortgage-backed securities that have subsequently faced several waves of downgrades.
June 3
