-
After a yearlong effort to reach a multistate settlement with the top five mortgage servicers, state attorneys general and the firms involved finally appear to be close to a deal.
February 7 -
Moody's Investors Service in mid-January updated its rating methodology report for FFELP student loan ABS.
February 7 -
Optimism among market participants regarding CLO issuance in 2012 appears to have increased in the past few weeks.
February 6 -
Two new covered bonds from peripheral Eurozone issuers priced last week. The Italian Lender, Intesa San Paolo issued a €1.5 billion ($1.96 billion), 1.5-year unsecured bond at 295 basis points over mid swaps.
February 6 -
A House Financial Services subcommittee is slated to mark up a Federal Housing Administration (FHA) reform bill Tuesday that establishes a minimum annual mortgage insurance premium and extends the agency's indemnification requirements to all approved lenders.
February 6 -
Lloyds Bank has priced its U.K. RMBS deal from the bank's Arkle master trust.
February 6 -
Ford Motor Credit Co. is in the market with Ford Credit Master Owner Trust 2012-1 (FCMOT 2012-1). This deal is backed by dealer floorplan loans sponsored by Ford Credit.
February 6 -
The California Attorney General has returned to the 'robo-signing' talks after a four-month absence to possibly take part in a multi-state settlement with the nation's largest residential servicers, according to combined press reports early Monday morning.
February 6 -
Barbara Desoer, the president of Bank of America's home loans division who was once considered a possible successor to former Chief Executive Ken Lewis, will retire at the end of February, BofA said Friday.
February 6 -
Federal banking agencies seem to be making little progress in promulgating regulations that will set the ground rules for a revival of the private-label MBS market.
February 6 -
Standard and Poor's expects bank card charge-offs to stay at low levels in 2012 as long as trusts maintain current credit compositions. The rating agency's analysts said that this is positive for credit card ABS collateral.
February 3 -
The Federal Reserve and the Obama administration have put the continued poor state of the housing market front and center on their agendas in the first month of 2012 and now into early February.
February 3 -
-
New York Attorney General Eric Schneiderman today filed a lawsuit against Bank of America, JPMorgan Chase, and Wells Fargo charging that using Mortgage Electronic Registration Systems' (MERS) electronic mortgage registry has resulted in a wide range of deceptive and fraudulent foreclosure filings in New York state and federal courts.
February 3 -
Assured Guaranty has filed a lawsuit against UBS' real estate securities unit over breach of contract claims.
February 3 -
Interactive Mortgage Advisors (IMA) Denver, is selling a $589 million portfolio of residential servicing rights backed by Fannie Mae and Ginnie Mae mortgages.
February 3 -
CoBiz Financial will begin providing asset-based loans to middle market businesses through its newly formed CoBiz Structured Finance.
February 3 -
It appears that possible salary and bonus caps at the GSEs are not hurting the recruiting efforts of at least Fannie Mae.
February 3 -
American Express has filed an S-3 with the Securities Exchange Commission to issue under its American Express Credit Account Master Trust.
February 3 -
Risk appetite in the U.S. triparty repo market is slowly returning, according to Fitch Ratings in a report released today.
February 3
