Both TD Bank and Scotiabank may reportedly be among more than 15 bidders for the non-U.S. operations of Ally Financial.

Mortgage applications rose almost 3% on a sequential basis for the week ending Sept. 21

Jeffrey Gundlach, the CEO of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork.

Flagstar Bancorp must stand trial over charges it breached contracts for financial guaranty insurance on roughly $1 billion in RMBS it had issued during the run-up to the financial crisis.

California Gov. Jerry Brown this week signed three new laws that are part of the Homeowner Bill of Rights.

These banks have completed more than $4.16 billion in cross-border credit card ABS issuance year-to-date.

Investors can reach for yield beyond senior CMBS and yet maintain a higher level of credit enhancement through single-asset or single-issuer deals, FTN Financial analysts said.

The National Credit Union Administration alleged the sale of faulty MBS by Barclays to U.S. Central Federal Credit Union and WesCorp Federal Credit Union contributed to their 2009 collapse.

United Realty Partners has hired Barry Funt as president of United Realty Capital Markets.

Sidley Austin has hired Matthew Cahill, whose expertise includes securitization, to start in early November as a partner in its global finance practice.

The Mortgage Bankers Association and other industry groups have lined up considerable legal talent to prevent and block any local community from invoking eminent domain.

Credit card indicators are looking good with August numbers showing charge-offs decreasing for most asset-backed securities trusts, Citi analysts said.