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Countrywide objections dropped
The Boston, Chicago and Indianapolis Federal Home Loan Banks and two Cranberry Park entities have dr...
News Round-up 7 November 2013 -
US home price rises 'unsustainable'
Several US cities are approaching inflated bubble-year price peaks, according to Fitch. US home pric...
News Round-up 7 November 2013 -
Subprime boost seen
US non-agency RMBS supply picked up yesterday, boosted by a mix of senior and mezzanine subprime flo...
Market Reports 6 November 2013 -
Modified loan trends analysed
Of the 3.2 million currently outstanding mortgages in the Loan Performance database originated betwe...
News 6 November 2013 -
Rating withdrawal process detailed
Moody's has outlined its global process to determine the minimum number of borrowers in the pools un...
News Round-up 6 November 2013 -
Benchmark indices tweaked
Barclays has amended its benchmark fixed income indices, after concluding its annual index review an...
News Round-up 6 November 2013 -
ESAIL 2007-5 restructuring approved
The extraordinary resolution to approve the sale of the remaining claims against LBSF and LBHI and a...
News Round-up 6 November 2013 -
Broker beefs up in structured finance
Sterne Agee has expanded its structured products offering with the addition of seven new staffers. J...
Job Swaps 6 November 2013 -
Further forbearance losses recognised
At least 28 RMBS serviced by Chase (EMC) took losses related to past forbearance modifications, acco...
News 5 November 2013 -
MSR flow sale agreed
Two Harbors Investment Corp subsidiary Matrix Financial Services Corporation has entered into a flow...
News Round-up 5 November 2013 -
TRACE expansion proposed
FINRA last week filed a proposed rule change with the US SEC to amend the TRACE dissemination protoc...
News Round-up 5 November 2013 -
Shortfall trends reviewed
Morningstar has reviewed monthly occurrences of US RMBS interest shortfalls for the year to date thr...
News Round-up 4 November 2013 -
EverBank MSR sale agreed
Walter Investment Management Corp has entered into a series of definitive agreements through its Gre...
News Round-up 4 November 2013 -
IABF unwind to boost Alt-A supply
ING has reached an agreement with the Dutch state to unwind the Illiquid Assets Back-Up Facility (IA...
News Round-up 4 November 2013 -
Origination exec promoted
Barclays Capital has promoted Martin Attea to co-head of securitised products origination in its Ame...
Job Swaps 4 November 2013 -
Waiting for Watt?
Representative Mel Watt's nomination as FHFA director suffered a setback yesterday as a motion to br...
News 1 November 2013