Securitization

Morgan Stanley Investment Management (MSIM) has announced that the Morgan Stanley Opportunistic Mortgage Income Fund LP, which is a fund for RMBS and CMBS investments, held its final close with over $450 million in capital commitments.

The Federal Housing Finance Agency (FHFA) wants to make GSE loan buyback policies more transparent, eliminating uncertainty in the secondary market while encouraging lenders to fund new loans.

Mortgage application activity declined 4.5% in the week ending Feb. 17 with refinance and purchase activity lower, even as there was only a slight change in mortgage rates.

The Federal Housing Finance Agency's (FHFA) new proposal for GSE reform brings little new to the table, securitization experts said.

Volkswagen Leasing GmbH is in the market with a new €718.5 million ($950 million) securitization of German auto lease receivables.

David Nelms may never escape his underdog status. But he's gotten adept at using it to his advantage.

The Federal Housing Finance Agency (FHFA) is turning its attention to short sales as part of its “servicing alignment” project.

UGL Services has launched a new group to provide financial analytics support and advisory services for commercial real estate distressed assets, leasing deals and capital markets-related transactions.

The Mortgage Bankers Association (MBA) expressed its support for the Federal Housing Finance Agency's (FHFA) proposals issued today on the next steps in GSE conservatorship.

Should Ally Financial break itself up, Wells Fargo & Co. would be a "likely buyer" of its North American automobile finance business because it is "one of the few large banks" that could afford the estimated $68 billion it would fetch, Keefe, Bruyette & Woods analysts wrote in a research note Tuesday.

Knight Capital hired several former MF Global mortgage credit sales and trading experts including Michael Corsi as managing director in mortgage sales and Rus Margolin as managing director in non-agency trading.

The Federal Housing Finance Agency (FHFA) is determined to continue its mission of shrinking the balance sheets of Fannie Mae and Freddie Mac and plans only to add product when the two need to buy delinquent mortgages out of delinquent MBS pools.

Data provider CoreLogic today released a new default servicing platform to help streamline how mortgage servicers manage loans in all of the default lifecycle stages.

John Deere Capital Corp. is in the market with a transaction worth $998.76 million. The underwriters are JPMorgan Securities and Deutsche Bank Securities. It is from the firm's John Deere Owner Trust 2012.

Given the ugly employment picture in the U.S., now isn't exactly the best time for a company to be crowing about how cheap its labor costs are thanks to overseas outsourcing.

The PrinceRidge Group has made two hires within the firm's expanding MBS division.

Christopher Horn has joined Baker & McKenzie as a partner in New York, enhancing the firm's securitization and structured finance practice.

Barlcays Capital analysts examined the relative value of rental fleet ABS in a report released last Friday.

The Obama administration has opened the door for nearly 1 million existing Federal Housing Administration (FHA) borrowers to refinance by encouraging lenders to originate more 'streamline' refinancings. But will it happen?

The recent $26 billion mortgage settlement announced by the government has received coverage throughout the news media. Twenty six billion dollars is an eye-popping number. But it is important that discerning readers look beyond the number and the headlines to determine what is really going on here and separate fact from rhetoric and political posturing.