Citigroup Global Markets analysts said in a report today that, while the Countrywide RMBS settlement may still be contested by other parties, the withdrawal of Walnut's Place entities of their separate rep and warranty lawsuit means the agreement's terms are will likely be finalized soon.
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JPMorgan Chase Bank-sponsored Scholar Funding Trust 2012-B will be issuing class A notes worth $235 million rated by both Moody's and Fitch.
September 18 -
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.
September 18 -
The National Association of Realtors said that it hopes the Fed’s decision to buy more MBS will lower mortgage rates and stimulate demand in the housing sector.
September 18 -
The independent third-party review firm has hired the securitization expert as general counsel, the company said in a release today.
September 18 -
The second lien market has been on the decline since the housing bust of 2008, but there’s growing evidence that business is starting to gain traction.
September 18
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The CLO manager said today that it had tapped Jess Larsen for a new role developing and managing relationships with institutional investors in Europe and the Middle East.
September 18 -
Bradley Lerman was appointed as Fannie Mae executive vice president, general counsel and corporate secretary effective Oct. 1, the GSE said today in a release.
September 18 -
The Mortgage Bankers Association said Monday that it has hired Pete Mills as its new senior vice president of residential policy and member services effective Oct. 1.
September 17 -
Barclays Capital analysts expect that publicly placed issuance for 2012 in the European asset-backed market will exceed their original forecast.
September 17 -
Ten industry groups are urging the Consumer Financial Protection Agency to issue a qualified mortgage rule allowing them to adhere to current underwriting standards without fear of litigation.
September 17 -
DBRS said today that rising subprime loan origination volumes and general economic improvement are still creating a positive momentum for the auto sector.
September 17 -
The $65 million Citigroup loan made to Waypoint Real Estate Group for investments in distressed single-family houses converted to rentals, may be a precursor to the much anticipated securitization of these assets.
September 17
