RMBS

Allonhill hired Fidelity Southern Corp. executive Kathy Ireland as director of securitizations.

William Isaac, former Federal Deposit Insurance Corp. (FDIC) chairman and an opponent of the mark-to-market accounting regime proposed by the Federal Accounting Standards Board (FASB), believes the recently announced proposal to expand the regulation may cause a dire and difficult situation for already struggling lenders.

Alliance & Leicester's Fosse 2010-2 transaction was launched and priced yesterday afternoon after a two-week delay.

The Obama administration continued to push its priorities Thursday on what provisions should be included in the final regulatory reform bill.

The condition and performance of half the Federal Home Loan Bank system is "less than adequate," according to the nation's GSE regulator.

Fannie is putting mortgage lenders in a Catch-22 with its "loan quality initiative," which takes effect June 1.

There has been some confusion over first-quarter figures at Fannie Mae, Freddie Mac and the Federal Housing Administration. But one thing is indisputable: the mortgage market is still on government life support.

Fannie Mae and Freddie Mac seller/servicers will continue to face extra charges called "loan level price adjustments" which compensate the GSEs for buying certain non-vanilla mortgages.

PennyMac Mortgage Investment Trust is offering a $98 million pool of loans to investors, according to market sources.

The Mortgage Bankers Association (MBA) named Bill Killmer as senior vice president of legislative and political affairs effective July 5.