Mortgage application activity was essentially flat in the week ending July 27, as a decline in purchase activity offset a slight 0.8% increase to roughly 5464 on the Refinance Index - its highest level since mid-April 2009, according to the Mortgage Bankers Association (MBA).
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Clopton Capital is now offering borrowers recapitalization options for overleveraged and distressed commercial properties.
September 21 -
Matthew G.J. Duncan, Theresa Kradjian, and Paul Matthews join the firm from Sidley Austin. Sean J.W. Crosky came from Norton Rose, according to a release from the law firm.
September 21 -
e continued CRE deleveraging is a credit positive for the sector even though decreasing CMBS outstandings can hurt liquidity, Standard & Poor's analysts said.
September 21 -
Standard Chartered has appointed Steve Perry as head of capital markets for the Middle East, North Africa and Pakistan, according to a company release. His responsibilities include overseeing the bank's regional securitization business.
September 20 -
Canadian credit card ABS provides good diversification as well as spread pickup for U.S. credit card buyers, Citigroup Global Markets analysts said.
September 20
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Fannie Mae is telling new seller/servicers that it will cap how much product they can sell to the GSE based on their net worth and other factors.
September 20 -
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On Oct. 23 advisors representing the bankrupt Residential Capital Corp. will auction off the firm’s massive residential servicing portfolio and what’s left of its origination arm.
September 20 -
Freddie Mac reported 30-year fixed mortgage rates moved back to match July's record low of 3.49% in the week ending Sept. 20, down six basis points from the previous week.
September 20 -
Asset-Backed Commercial Paper Investors will adapt purchasing mandates to accommodate 'F2' rated paper as European ABCP conduits lose their 'F1sf' rating, said Fitch Ratings in a report today.
September 20 -
A group of Republican state attorneys general has declined to sign cooperation agreements with the Consumer Financial Protection Bureau.
September 20 -
Standard & Poor's noted that the effect of Santander's acquisition of DriveTime's ABS portfolio is unclear at this point because both companies are active auto issuers.
September 20
