Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

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Items Tagged with 'Credit Suisse'

ARTICLES

Credit Suisse planning 2015’s second jumbo RMBS

$381.59 million offering receives AAA ratings
Ben Lane
Credit Suisse is set to bring the year’s second prime, jumbo residential mortgage-backed securitization to market. The $381.59 million offering was assigned mostly AAA ratings by credit ratings agency DBRS.
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Here’s how the top 5 housing markets look going into 2015

Buyers wait on the sidelines
Brena Swanson
The top five housing markets weighed in on how they fared at the end of 2014. This list includes exactly where each market stands for the new year. Preview: Expect pent up demand.
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Credit Suisse plans to fight $10 billion toxic mortgage lawsuit

New York AG: Investors lost $11.2 billion
Ben Lane
Credit Suisse is planning to fight a $10 billion lawsuit brought against the bank by the State of New York, alleging the bank of misleading investors in the mortgage-backed securities it issued in the run-up to the financial crisis.
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Credit Suisse settles Assured Guaranty mortgage lawsuit

Terms remain undisclosed
Jacob Gaffney
Assured Guaranty said in a statement posted on its website that it had reached an agreement to resolve the dispute without disclosing the terms.
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Latest jumbo RMBS from Credit Suisse awarded AAA ratings

DBRS cites high quality borrowers as strength of deal
Ben Lane
“This transaction exhibits high-quality credit attributes such as low loan-to-value ratios, strong borrower credit and full documentation on substantially all loans,” DBRS said in its presale report. “In addition, the pool contains no interest-only loans and no investment properties.”
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Credit Suisse: This is slowing down homeownership

Home affordability no longer as compelling
Brena Swanson
Affordability is no longer a compelling motivator for first-time homebuyers due to the recent increase in housing costs, according to a new report from Credit Suisse.
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Here’s how the top 5 housing markets look for fall homebuying

Future not too promising
Brena Swanson
The housing market is hesitantly moving into the fall homebuying season, and so far the results don't look too promising. These top 5 markets illustrate just where housing is going.
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Getting ready for multi-borrower, single-family rental securities

This is the next step in an expanding market
Brent Taggart
The real excitement at ABS East wasn’t about single-investor deals, like the ones we’ve seen, but about the potential for multi-borrower deals. Here's why it's so exciting for the market.
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Credit Suisse scores again in second BlackRock RMBS sale

Pool was acquired from UBS in 2008
Trey Garrison
Credit Suisse on Tuesday won two separate bids for a combined $4.4 billion pool of legacy residential mortgage-backed securities sold by BlackRock.
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Credit Suisse: Homebuyers discouraged by rising prices

Traffic index lower than expected in 32 markets
Sarah Wheeler
Stalemate. Buyers expect deal and sellers expect rebound in market pricing.
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