ASR News Update

Published March 6, 2013 8:04 PM

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Updated March 6, 2013 8:04 PM

3:28

ASR_3_6_13

TRENDING

Servicing

Wells Fargo servicer ratings downgraded on portfolio shift

Fitch Ratings, noting the reduction in Wells Fargo's balances and sale of non-agency servicing, said the bank no longer meets expectations at its old grade.

By Brad Finkelstein

48m ago
Consumer ABS

Stream gets set to raise $255.6 million from home remodeling revenue

The deal will repay due principal on a pro rata basis if the class A credit enhancement is satisfied, no cumulative net loss trigger event has occurred, and no pool balance amortization event is in effect.

By Donna M. Mitchell

2h ago
RMBS

Pennymac, UWM, loanDepot lag in RMBS issuance as Rocket grabs share

Agency activity dropped off by 4% in September while non-qualified mortgage issuance was down 18% in the third quarter versus the prior period, BTIG said.

By Brad Finkelstein

October 2

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