RMBS

The performance of Portuguese residential mortgage-backed securities was mixed in April, according to a report from Moody's Investors Service.

Securitization market participants appear to be unified on eight issues related to risk retention proposals and split on two, according to a draft report by a group that represents both the "buy" and "sell" side of trades.

The former regulator of Fannie Mae and Freddie Mac said nationalizing the troubled GSEs is a bad idea, declaring that all government insurance programs are slated to fail.

Banks and mortgage servicers are not repossessing a massive backlog of distressed properties, which is likely to further depress home prices and prolong the housing crisis.

The House of Representatives Thursday afternoon overwhelmingly passed a Federal Housing Administration (FHA) reform bill allowing the agency to triple annual premium payments to 150 basis points, a move designed to bolster the insurer's wobbly finances.

Interactive Mortgage Advisors, Denver, has launched a new fund to invest $100 million of cash in delinquent residential loans, but also "scratch and dent" products, GSE "kickbacks" and performing notes.

RBS Securities will add three new members to its global banking and market division, the firm announced today.

The American Securitization Forum is planning to issue a paper on risk retention proposals and related amendments.

The American Securitization Forum (ASF) appointed Armando Falcon as Senior Policy Advisor.

The American Securitization Forum (ASF) focused on regulatory issues facing the ABS industry — ranging from FAS 166/167 to SEC Rule 17g-5 — at its annual meeting today in New York.