News

Articles in "Investments"

April 12, 2013 09:06 AM
JPMorgan Chase Basel III ratio ahead of requirements

Banking giant JPMorgan Chase posted strong first-quarter earnings, resulting in a strengthened fortress balance sheet, with estimated Basel III Tier I common ratios of 8.9% at the end of the first quarter, up from 8.7% in the fourth quarter. 

As a result, the company...

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April 12, 2013 09:05 AM
JPMorgan Chase Basel III ratio ahead of requirements

Banking giant JPMorgan Chase posted strong first-quarter earnings, resulting in a strengthened fortress balance sheet, with estimated Basel III Tier I common ratios of 8.9% at the end of the first quarter, up from 8.7% in the fourth quarter. 

As a result, the company...

Read More
April 11, 2013 12:47 PM
Securitization groups go head-to-head with conferences

Structured Finance Industry Group — a trade advocacy group formed after Wall Street banks broke ties from an existing group — announced it is working with Information Management Network told hold its first annual conference in Las Vegas.

The conference...

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April 11, 2013 09:47 AM
New York ruling is credit positive for RMBS trusts

A recent decision by a New York Appellate Court in regards to MBIA's reps and warranties litigation against Countrywide Home Loan is credit positive for both residential mortgage-backed securities and commercial mortgage-backed securities trusts, Moody's Investors Service said...

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April 11, 2013 09:28 AM
New York ruling is credit positive for RMBS trusts

A recent decision by a New York Appellate Court in regards to MBIA's reps and warranties litigation against Countrywide Home Loan is credit positive for both residential mortgage-backed securities and commercial mortgage-backed securities trusts, Moody's Investors Service said...

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April 10, 2013 04:46 PM
Gleacher & Co. exits mortgage-bond business

Gleacher & Co. is closing the firm's mortgage-backed securities and rates division along with its credit products division, effective immediately.

The transition could impact up to 160 employees.

The MBS and rates segment had trading volumes worth more than $...

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April 10, 2013 04:40 PM
Gleacher & Co. exits mortgage-bond business

Gleacher & Co. is closing the firm's mortgage-backed securities and rates division along with its credit products division, effective immediately.

The transition could impact up to 160 employees.

The MBS and rates segment had trading volumes worth more than $...

Read More
April 10, 2013 12:30 PM
Fannie, Freddie may get to keep profits by 2023: Obama budget

The Department of Treasury entered into agreements with Fannie Mae and Freddie Mac to make investments in senior preferred stock in each enterprise to ensure that both firms maintain a positive net worth.

Prior to 2013, the quarterly...

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April 10, 2013 12:24 PM
Fannie, Freddie may get to keep profits by 2023: Obama budget

The Department of Treasury entered into agreements with Fannie Mae and Freddie Mac to make investments in senior preferred stock in each enterprise to ensure that both firms maintain a positive net worth.

Prior to 2013, the quarterly...

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April 10, 2013 11:38 AM
President's 2014 budget grants $47.6 billion to housing programs

President Barack Obama's budget for fiscal year 2014 looks at taking critical steps to grow the economy, specifically increasing measures to strengthen the housing market by ensuring every homeowner has an opportunity to refinance at today’s rates. 

Feeding of the positive momentum...

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April 10, 2013 11:11 AM
President's 2014 budget grants $47.6 billion to housing programs

President Barack Obama's budget for fiscal year 2014 looks at taking critical steps to grow the economy, specifically increasing measures to strengthen the housing market by ensuring every homeowner has an opportunity to refinance at today’s rates. 

Feeding of the positive momentum...

Read More
April 10, 2013 10:03 AM
Housing analysts push FHA reform

Housing industry experts threw out various suggestions to the members of the House Financial Services Committee advocating for solutions under the banner of Federal Housing Administration reform. 

The consensus met by many of the panelists was...

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April 10, 2013 09:47 AM
Housing analysts push FHA reform

Housing industry experts threw out various suggestions to the members of the House Financial Services Committee advocating for solutions under the banner of Federal Housing Administration reform. 

The consensus met by many of the panelists was...

Read More
April 10, 2013 06:02 AM
Sequestration could impact housing bond issuers: Moody’s

The government's sequestration process mandates roughly $1.2 trillion in spending cuts over a 10-year period, with $85 billion set to occur in the next six months.

From a broad view, the ongoing...

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April 9, 2013 04:03 PM
Sequestration could impact housing bond issuers: Moody’s

The government's sequestration process mandates roughly $1.2 trillion in spending cuts over a 10-year period, with $85 billion set to occur in the next six months.

From a broad view, the ongoing...

Read More