PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

PGA golfer Dustin Johnson sues Nat Hardwick for $3 million theft

Former LandCastle Title CEO was Johnson's attorney and "trusted advisor"

Are record-low interest rates masking high-cost mortgage lending?

Five leading economists weigh in and the answer may surprise you

Auction.com partners with Google to predict housing trends

Nowcast will predict in real time
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Items Tagged with 'Standard & Poor's'

ARTICLES

S&P: Nonbank earnings will be weak

Too little demand
Brena Swanson
"We believe industry earnings are likely to remain weak unless supply contracts substantially as some of the originators that expanded during the boom exit the market, or unless industry credit standards ease materially, enabling more borrowers to obtain mortgages," said Standard & Poor's credit analyst Stephen Lynch.
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Two Harbors brings $268 million prime jumbo RMBS to market

Agate Bay Mortgage Trust 2014-1 receives AAA ratings from S&P
Ben Lane
Standards & Poors Ratings Services has awarded primarily AAA ratings to the securitization’s classes due to the high quality of the collateral, among other positive indicators.
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S&P: Prime jumbo RMBS advance rates nose-dive

Subprime rates stabilize
Ben Lane
"Bank servicers, such as Wells Fargo and JPMorgan Chase, have maintained a high (more than 90%) level of advancing on prime jumbo collateral," the analysts write. "However, nonbank servicers, such as Nationstar and Ocwen, have advance rates that are substantially lower and have been steadily declining over the past six months."
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Changing demographics, homebuyer tastes cloud affordable housing policy

Standard & Poor’s: GSE role is stalling housing finance reform
Trey Garrison

Changing demographics and homebuyer tastes cloud affordable housing policy, and the choices that the 20- to 34-year-old demographic make regarding housing will profoundly affect future housing trends, as will any GSE reform.


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NewOak names Andrea Bryan managing director, credit services

Joins after spending 15 years with Standard & Poor’s
Ben Lane
Bryan brings more than 20 years of experience in structured finance markets to NewOak, with a focus on commercial real estate, commercial mortgage-backed securities and collateralized debt obligations.
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S&P awards AAA ratings to $303M jumbo RMBS from JPMorgan

Kroll, DBRS and Fitch also awarded AAA ratings
Ben Lane
In its presale report, S&P noted the high-quality collateral included in the pools as one of the reasons for the quality of the ratings it awarded.
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DBRS, S&P award AAA ratings to WinWater’s $250 million jumbo RMBS

Agencies join Kroll in awarding AAA ratings
Ben Lane
DBRS and S&P cite the high average FICO scores of the borrowers in the pool as one of the main reasons for the quality of the ratings.
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S&P upgrade pushes Assured Guaranty to top of monoline hill

AA Stable rating greatly expands market
Trey Garrison
Assured Guaranty is upgraded by Standard & Poor’s Ratings Services to AA Stable Outlook from AA- Stable Outlook giving it the highest ratings in the industry from national ratings firms.
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First month of 2014 slams Wall Street, Dow falls 5%

HW 30 follows the other indices down
Kerri Ann Panchuk
While pending home sales declined in December – and housing groups blamed it on the weather – the market is dealing with a great deal of contradictory data.
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From HW Magazine

Double down

Mortgage servicers bet big on once-obscure advance receivables
Amy Macintosh
Nonbank mortgage servicers are taking a big chance on servicer advance receivables, and it is quickly becoming a multibillion-dollar market.
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