Securitization

Assured Guaranty late Thursday posted second-quarter earnings that were the insurer’s best since its initial public offering in 2004.

The Federal Housing Administration (FHA) soon will roll out a special refinancing program to help underwater homeowners take advantage of historically low loan rates.

Conventional speeds increased less than expected in July, with 30-year FNMAs and FHLMC Golds up 5% to 7% versus an over 15% projection.

U.S. Bank Corporate Trust Services hired Joseph Giordano as senior vice president and manager of its CDO business.

People once thought guaranteeing conventional, thoroughly underwritten mortgages with near Treasury-level funding costs was a lucrative, low-risk business. Freddie Mac's forthcoming second-quarter results could provide a reminder why.

Obama administration officials are pushing the largest banks to voluntarily adopt certain provisions of the Dodd-Frank regulatory reform law early, according to people with knowledge of the matter.

The Senate approved legislation late Wednesday designed to help the Federal Housing Administration (FHA) replenish its depleted finances.

Distressed mortgage manager Deer Park Road Corp. has hired Scott Burg as associate portfolio manager, according to published reports.

Recent U.S regulatory changes can further disrupt the European securitization market. The latest source of concern are the Securities and Exchange Commission's proposed changes to the disclosure requirements applied to ABS offerings under Rule 144A or Regulation D.

The Federal Reserve Bank of New York may require seller/servicers of nonprime mortgages and CDO sponsors to repurchase certain loans out of mortgage trusts that are controlled by the agency.

BNP Paribas Corporate and Investment Banking has appointed Matt Salvner as head of fixed-income solutions for the Americas, the firm announced today.

Hyundai Capital America has filed an S-3 shelf registration with the Securities and Exchange Commission (SEC) for a securitization backed by a pool of motor vehicle retail installment sale contracts.

FGIC Corp., the holding company of beleaguered bond insurer Financial Guaranty Insurance Co., announced Wednesday that it had filed for Chapter 11 bankruptcy protection.

The Senate late Wednesday passed a bill that gives the Federal Housing Administration (FHA)more flexibility to adjust its insurance premium structure, a move that will help rebuild its depleted capital reserves.

Fitch Ratings has introduced an interactive quarterly report for U.S. structured finance market participants called the U.S. Structured Finance Snapshot.

The recently published covered bond graduated valuation haircut schedule from the European Central Bank (ECB) did not take the market by surprise, according to Bank of America Merrill Lynch analysts.

Through its proposals on Regulation AB, the Securities and Exchange Commission (SEC) will be subjecting privately sold ABS to the disclosure requirements applicable to securities offered in registered public offerings.

BNY Mellon Corporate Trust has named Richard Stanley and Debra Baker to oversee its structured finance business lines, the firm announced today.

American Capital Agency Corp. (AGNC) named Christopher Kuehl as head of mortgage investments at American Capital Agency Management.

Jefferies appointed Erez Biala as a managing director and global co-head of CLO and CDO trading.