President Barrack Obama has designated SEC member Elisse Walter as the next SEC chair, the White House announced Monday.

Cole Taylor Mortgage is seeking out MSRs packages in the range of $200 million to $500 million.

Deals from Sallie Mae and American Credit Acceptance are filling the ABS pipeline this week.

Kroll has assigned preliminary ratings to BAMLL 2012-PARK, a $300 million CMBS single borrower offering.

The Mortgage Forgiveness Debt Relief Act is slated to expire at the end of the year unless Congress passes a bill to continue it in the next few weeks.

The annual FHA actuarial report showed that loans originated after fiscal-year 2009 downward will perform much better and generate needed revenue for the agency's mortgage insurance fund.

The expected growth will be driven by rising auto and credit card supply, JPMorgan analysts said in a report released last week.

Slated for December issuance, a mortgage covered bond from Russia’s DeltaCredit Bank is being shopped to both local and foreign investors.

Mortgage application volume decreased by 2.2% on a seasonally adjusted basis for the week ended Nov. 16, according to the MBA.

CREL CDO delinquencies registered their first rise since May 2012, Fitch Ratings reported based on its latest index results.

The affected securities are backed by first- or second-lien residential mortgages, private student loans, RMBS, CMBS and ABS, the agency said.

S&P/Experian composite default index went up nine basis points to 1.55% in October, although has dropped 60 basis points year-over-year.