RMBS

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.

The battle over an amendment to establish minimum capital requirements in the regulatory reform bill is the result of a long-standing feud between the Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board.

The average FICO score on single-family loans purchased by Fannie Mae and Freddie Mac now stands at 750--up from 715 on purchases during 2006 and 2007, the two years that account for most of the GSEs' credit losses.

For U.S. bankers, it is easy to ignore the London interbank offered rate when times are good. Now is not one of those times.

Fitch Ratings said that its latest European fixed-income investor survey clearly captures rising worries about the eurozone. The results of the quarterly survey, which was conducted in April, are published today.

Markit has extended the range of instruments covered by its Portfolio Valuations service to include structured products.

Fannie Mae and Freddie Mac say the declining condition of commercial properties is one of the biggest challenges facing multifamily servicers today.

Marking his 90th day on the job as president of Ginnie Mae, Theodore Tozer said his goal is to "do a better job managing the Ginnie Mae brand on Wall Street."