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.

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.

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.

A group of Republican state attorneys general has declined to sign cooperation agreements with the Consumer Financial Protection Bureau.

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.

A federal judge agreed to halt pending litigation to resolve whether the statute of limitations can be extended to allow for a government conservator’s claims.

A FHFA inspector general report noted that Fannie Mae, as a way to handle troubled loans, has been financing a portion of MSR deals by third-party servicers.

The Royal Bank of Canada officially closed its $2.5 billion U.S. SEC registered covered bonds issue this morning said sources familiar with the deal.

By the end of this year, RMBS issuers keen on obtaining funding from the European Central Bank, as well as those already using these securities as collateral in sale and repurchase agreements, will need to input data on the underlying mortgages into the newly created European DataWarehouse, known pithily as ED.

Gibbs & Bruns cited at least $15 billion of Wells Fargo's RMBS and $5 billion from Morgan Stanley where holders have 25% or 50% or more of the voting rights.

Continental Airlines is offering $843.9 million of passthrough certificates through a deal called CAL 2012-2.

Refinancing activity increased slightly in the week ending Sept. 14 as new lows in mortgage rates were set.