Tag Archives: Residential Mortgage-backed securities

With the S&P acceptance, the company will focus on setting new standards for speed, quality and accuracy in the mortgage due diligence marketplace.

A New York bankruptcy judge has ruled that Lehman Brothers Holdings, Inc. will have to pay around $2.4 billion to investors in order to settle disputes over toxic residential mortgage-backed securities (RMBS) sold by the bank during the financial crisis. ...

The third quarter of 2017 saw many of the larger bank servicers scaling back their portfolios of residential mortgage-backed securities (RMBS), while smaller regional banks and non-bank servicers moved to seize the opportunity, as reported by Fitch Ratings’ latest RMBS ...

The certificates involved are backed by nearly 1,500 30-year fixed-rate mortgage loans, totaling a balance of $883,819,918.

One of the settlements included the largest RMBS solution of its kind for a single entity, according to the Department of Justice.

Ginnie Mae's public-private partnership has enabled more than 10 million families achieve the American dream, according to Ginnie Mae president Ted Tozer.

Hector Torres, co-founding partner with Kasowitz, Benson, Torres and Friedman LLP, discussed with DS News a court ruling that decided who was responsible for attorneys' fees in a case where the trustee of two pools of failed RMBS sued the deal sponsor.

According to Moody's, not all banks will see the benefits or have the same costs as JPMorgan Chase when securitizing loan portfolios.

The six lawsuits filed by the FDIC involve the sales of 21 Countrywide residential mortgage-backed securities purchased by five failed FDIC-insured banks.

Bank of America's $1.27 billion penalty in the "Hustle" case has been overturned. Why does the former Countrywide exec who blew the whistle get to keep the reward money?