Information provider CoreLogic and FICO have together launched a consumer credit risk score that is expected to improve the quality of lending decisions and increase the number of mortgage loans lenders make.
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mortgage rates turned lower in the week ending August 30 as yields rallied last week in response to the FOMC minutes.
August 30 -
Moody's Investors Service said today that it will rate Motor 2012 PLC, a car loan securitization deal issued by Santander U.K.
August 30 -
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The agency’s proposal exempts small servicers from just one of the nine categories in the proposal.
August 29 -
U.S. District Judge Sidney Stein in Manhattan today granted preliminary approval to the agreement and ordered a hearing for Jan. 15.
August 29
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The payment relief includes the offering of principal reductions to 28,000 borrowers and the refinancing of underwater loans.
August 29 -
The Mortgage Industry Advisory Corp. is offering the portfolio in a one-round, sealed bid auction set for Sept. 24
August 29 -
The SEC wants R.R. Donnelley & Sons to turn over certain due diligence records the firm prepared for investment banks that underwrote the ResCap MBS.
August 29 -
The industry veteran,who most recently served as a senior research fellow at Standard & Poor's, has left the firm to pursue other interests.
August 29 -
The drop, however, was less than the prior week's 9.2% as lower mortgage rates likely sparked some interest.
August 29 -
The investors accused Citigroup of understating the risk of default of the residential loans packaged into two mortgage-backed trusts..
August 28 -
Fitch Ratings predicts that the factors that have contributed to more securitizations of subprime auto loans will remain in place.
August 28