A report from the FHFA inspector general noted that as of late 2011, the GSEs had placed over 300 high-risk counterparties on watch lists and stopped doing business with over 40 of them.
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Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.
November 14 -
Mortgage bankers are certain that if the fund goes negative, it will result in a premium increase for consumers.
November 14 -
Gleacher & Co. adds two managing directors Brendan Keane and Robert Miller to its MBS and rates division.
November 14 -
Credit card receivables backing asset-backed transactions posted late-stage delinquencies of 1.71% in October, the first increase this year.
November 14 -
Non-profit public corporation Vermont Student Assistance Corp. is planning to sell a deal called Student Loan Asset-Backed Notes, Series 2012-1.
November 14
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The rating agency cited the pending acquisition by Ocwen of ResCap's loan servicing unit.
November 14 -
Some banks, after shrinking their investment in servicing, may see value in the product.
November 14 -
Mortgage application activity rose 12.6% in the week ending Nov. 9, according to the Mortgage Bankers Association.
November 14 -
A $950 million CMBS backed by the fee interest in 1290 Avenue of the Americas has joined this week's CMBS pipeline.
November 14 -
Lawsuits that charge Goldman Sachs and Deutsche Bank with misleading mortgage investors may proceed, a federal judge in Manhattan has ruled.
November 13 -
Redwood Trust is planning to sell its sixth transaction of 2012 called Sequoia Mortgage Trust 2012-6, a Jumbo prime RMBS transaction.
November 13 -
Raj Date, the CFPB's No. 2, will leave the agency after it finalizes a package of mortgage rules it is currently writing, a spokeswoman said.
November 13