News

January 28, 2013 02:09 PM
SIGTARP: ResCap executives highly paid right before bankruptcy

Ally Financial, a bailed out financial firm that put its ResCap Mortgage subsidiary into bankruptcy, is among three major firms that compensated multiple executives by paying them well above the recommended executive pay limits outlined by TARP pay czar Kenneth Feinberg, an...

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January 28, 2013 05:15 PM
REO-to-rental model becomes 'hottest' emerging asset class

Panelists at the American Securitization Forum in Las Vegas offered a securitization market outlook for 2013, noting that overall assets types are expected to perform well this year.

However, the one...

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January 28, 2013 12:43 PM
Nationstar prices servicer advance securitizations at $300 million

Nationstar Mortgage priced two servicer advanced receivable transactions at $300 million after analysts announced its special purpose vehicle Nationstar Agency Advance Funding Trust would ...

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January 28, 2013 01:29 PM
Comptroller: Market conditions create stable securitization pipeline

Comptroller of the Currency Thomas Curry kicked off the American Securitization Forum's keynote address on Monday, saying an improving housing sector and the resolution of legacy mortgage issues has created the environment necessary to support a stable securitization pipeline....

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January 28, 2013 11:52 AM
Comptroller: Market conditions create stable securitization pipeline

Comptroller of the Currency Thomas Curry kicked off the American Securitization Forum's keynote address on Monday, saying an improving housing sector and the resolution of legacy mortgage issues has created the environment necessary to support a stable securitization pipeline....

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January 28, 2013 10:03 AM
Pending home sales ease in December: NAR

Pending home sales fell in December, but still remain above year ago levels, suggesting a housing recovery is still in the works, the National Association of Realtors said.

Still, the association noted a limited supply of affordable homes in certain markets, causing a...

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January 28, 2013 04:18 AM
Monday Morning Cup of Coffee: Basel III scrutinized

A look at stories across HousingWire's weekend desk, with more coverage to come on bigger issues:

Basel III's eventual impact on U.S. banks is still somewhat of a mystery, but...

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January 27, 2013 08:57 PM
ASF panelists: Basel III to challenge RMBS market

Analysts attending the American Securitization Forum in Law Vegas warned Sunday that Basel III will have a negative impact on the securitization market. 

Partner Jerome Walker at SNR Denton and Garrett Ahitow, executive director of regulatory capital...

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January 27, 2013 09:19 PM
Housing prices, CFPB rules fuel RMBS analytics

Staying current with changing market conditions, housing prices and government regulations is an essential survival skill when analyzing residential mortgage-backed securitization bonds, according to Evan Firestone, who works in business development at CoreLogic...

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January 27, 2013 11:16 PM
Moody's: CLO issuance will climb 30% in 2013

Partner Robert Robinson at Sidley Austin and Evan Tepper, a vice president and analyst at Moody’s Investors Service, took the floor at the American Securitization Forum Conference to discuss the dynamics of collateralized...

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January 27, 2013 05:11 PM
Moody's: CLO issuance will climb 30% in 2013

Partner Robert Robinson at Sidley Austin and Evan Tepper, a vice president and analyst at Moody’s Investors Service, took the floor at the American Securitization Forum Conference to discuss the dynamics of collateralized...

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January 25, 2013 06:16 PM
Legal questions surrounding Cordray's CFPB post resurface

What would it mean for the Consumer Financial Protection Bureau – and its final mortgage rules – if a federal court were to deem the President's recess appointment of CFPB Director Richard Cordray unconstitutional?

As of Friday, that question started to have a tinge of...

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January 28, 2013 08:43 AM
U.S. home prices crawl upward

U.S. home prices continued to inch their way up, showing a 0.5% increase from October to November, according to the latest Lender Processing Services home price index.

Home prices grew 5.1% year-over-year, based on LPS’s analysis of homes in...

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January 27, 2013 10:46 PM
U.S. home prices crawl upward

U.S. home prices continued to inch their way up, showing a 0.5% increase from October to November, according to the latest Lender Processing Services home price index.

Home prices grew 5.1% year-over-year, based on LPS’s analysis of homes in...

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January 25, 2013 05:42 PM
Rental demand to grow by 6.6 million through 2016

The demand for rental housing is expected grow by nearly 6.6 million units through 2016, with about 4.2 million new renters attributing to the total.

Many factors will play into the rental housing growth trend including more inventory going into rentals as well as an attractive single-...

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