Securitization

The Federal Housing Finance Agency (FHFA) Tuesday afternoon released a 37-page "talking paper" on changing GSE servicing fees, while noting that Ginnie Mae compensation – for now – will not be part of the discussion.

Overall, mortgage application activity increased 9.3% in the week ending Sept. 23 with the Refinance Index, specifically surging 11.2% to ~4240.

Standard & Poor's placed Assured Guaranty Corp. and Assured Guaranty Re on negative CreditWatch for significant concentration risk in its insured portfolio.

A top Capital One Financial Corp. executive said Tuesday that regulators and the public should be pleased that it wants to merge with ING Group's online U.S. banking unit, saying its purchase is substantially safer than other potential alternatives.

Lewtan has partnered with Thetica Systems to offer a pre-integrated bond valuation platform to MBS and ABS investors.

American Airlines is issuing a structured finance deal comprising $725.7 million of Class-A passthrough certificates., according to Moody's Investors Service.

The Securities and Exchange Commission (SEC) has charged RBC Capital Markets for misconduct in the sale of "unsuitable investments" to five Wisconsin school districts.

The current residential shadow inventory as of July 2011 dropped slightly to 1.6 million units, which represents a five-month supply, according to a CoreLogic report released today.

Home prices rose almost 1% in July following a 1.2% increase in June, according to the new Standard & Poor's/Case-Shiller house price index.

The Federal Housing Finance Agency (FHFA) as early as this week may release a new discussion paper on restructuring servicing compensation for GSE loans while seeking a new round of public comments on proposed changes.

Freddie Mac relied on a botched loan review process for key data used to justify its landmark settlement with Bank of America Corp., the Federal Housing Finance Agency's (FHFA) inspector general has concluded.

Structured finance can play a role in freeing the Eurozone from its debt mire, said London-based boutique shop Bishopsfield Capital Partners in a report released today.

Freddie Mac purchased $28 billion of mortgages from its seller/servicers in August, a 33% spike from the prior month, and a clear sign that originations are picking up in the primary market.

Canadian auto company RIFCO's sixth annual renewal of its funding facility with Securcor Trust allows it to securitize up to $50 million this year.

Fondo De Amortizacion del Deficit Electrico (FADE) has set price guidance on its two-year bond, according to a Dow Jones report.

Esoteric or non-traditional assets continue to gain momentum by claiming a bigger piece of the securitization market.

New homes sold at an annualized rate of just 295,000 units in August, the worst reading in six months, according to new government figures released Monday morning.

The New York Federal Reserve released today a set of FAQs about the change in the Fed's reinvestment policy for agency MBS and debt securities.

There are two auto securitizations marketing currently, with an equipment and a student loan ABS filling the transaction pipeline as well.

For the last two years, commercial real estate (CRE) price indices have been fluctuating and it does not appear any recovery is going to happen soon, Moody's Investors Service said in its weekly credit outlook report.