As local and federal agencies work towards containing the deadly fires in Camp and Woolsey, we take a look at the long- and short-term impact of these infernos on the housing market in these areas.
Read More »What’s Driving the MSR and RMBS Markets?
A new report analyzing the mortgage servicing profiles of some of the biggest banks and nonbanks revealed why the market for MSRs and reverse mortgages remains healthy.
Read More »Fitch Rates Nationstar’s U.S. RMBS
The rating agency has affirmed its ratings for Nationstar’s RMBS offerings. Here’s what Fitch had to say about the servicer’s new ratings.
Read More »Contesting Crisis-Era RMBS Litigation
While Wells Fargo has settled a litigation, another bank is striking back against the Department of Justice on an RMBS Securities Fraud allegation from the financial crisis.
Read More »A Comeback With A Twist
The RMBS market has picked up substantially over the past two years, but here’s how today’s transactions look a little different from those of the past.
Read More »A Bridge Too Far to Cross
Bridge loans, or fix-and-flip loans, have only recently entered the RMBS market. But here’s a breakdown on the threat they pose homeowners and investors according to a major crediting agency.
Read More »Nomura Settles RMBS Suit With DoJ
Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to the Great Recession of 2008.
Read More »HSBC Looks Ahead After Resolving Legacy RMBS Matter
The Department of Justice reached a settlement with HSBC over legacy claims on RMBS that were issued by the bank between 2005 and 2007. Here are the details of the settlement.
Read More »Wells Fargo to Re-enter the RMBS Bond Market
Wells Fargo is set to enter the private RMBS market after a gap of 10 years with a bond deal according to recent reports. Here are the details about the bond and why the bank made the decision to come back to this space.
Read More »Judge Denies Motion to Transfer in Lehman Indemnity Suit
A New York Bankruptcy Court recently denied the motion filed by mortgage sellers to transfer a case where they’re defending Lehman Brothers’ claims for third-party indemnity. Here’s why the now defunct bank is suing these companies.
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