BofA has so far offered $15.8 billion in consumer relief under the national mortgage settlement. It expects to meet all of its financial obligations by the end of February, two years ahead of its deadline.

American Suzuki Motor Corp.'s, bankruptcy is only marginally negative for the country's rental car ABS sector, Moody's reported.

Commercial and multifamily mortgage originations fell in the third quarter from a year earlier because of less lending for retail and office properties.

Mortgage bankers are certain that if the fund goes negative, it will result in a premium increase for consumers.

Gleacher & Co. adds two managing directors Brendan Keane and Robert Miller to its MBS and rates division.

Credit card receivables backing asset-backed transactions posted late-stage delinquencies of 1.71% in October, the first increase this year.

Non-profit public corporation Vermont Student Assistance Corp. is planning to sell a deal called Student Loan Asset-Backed Notes, Series 2012-1.

The rating agency cited the pending acquisition by Ocwen of ResCap's loan servicing unit.

Some banks, after shrinking their investment in servicing, may see value in the product.

Mortgage application activity rose 12.6% in the week ending Nov. 9, according to the Mortgage Bankers Association.

A $950 million CMBS backed by the fee interest in 1290 Avenue of the Americas has joined this week's CMBS pipeline.

Lawsuits that charge Goldman Sachs and Deutsche Bank with misleading mortgage investors may proceed, a federal judge in Manhattan has ruled.