CFPB collecting data on 600 million credit accounts despite privacy, security risks

CFPB collecting data on 600 million credit accounts despite privacy, security risks

GAO report: Weaknesses in CFPB ability to assess data collection, oversight troubling

3 burning appraisal questions for the CEO of Veros

This is what Darius Bozorgi means

Ginnie Mae launches 5 new initiatives to increase mortgage lending

HUD secretary warns American Dream remains out of reach
W S

Items Tagged with 'Standard & Poor's'

ARTICLES

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.
Read More

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."
Read More

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.


Read More

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.
Read More

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.
Read More

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.
Read More

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.
Read More

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.
Read More
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.
Read More

Why D.R. Horton’s stock went soaring

An 86% climb in earnings will do that
Kerri Ann Panchuk
HW 30 finished up Tuesday as consumer confidence showed signs of a comeback. But the stock feeling the greatest surge was a middle-market builder.
Read More