Bank of America reportedly reaches $17 billion RMBS settlement

KBRA: More smoke than fire in Ocwen’s restated earnings

Cautions that MSR transactions could see more regulatory scrutiny

Truth is, those recent housing numbers aren't so shiny

Housing starts? More like housing stops, amirite?
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Items Tagged with 'Credit Suisse'

ARTICLES

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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Credit Suisse brings another jumbo RMBS to market

2nd this year, 5th since housing recovery began
Ben Lane
The residential mortgage-backed securities deal is backed by 364 loans with a total principal balance of $277.73 million.
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Credit Suisse to pay $885 million to settle MBS claims

Brena Swanson
Credit Suisse reached an agreement with the Federal Housing Finance Agency to pay $885 million to resolve claims related to mortgage-backed securities.
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Nonbanks get boost in trading from Hayman going big on Nationstar

HW 30 gains as investment banks drop on JPMorgan warning
Trey Garrison
A warning from JPMorgan Chase on first-quarter revenues for big investment banks and a big investment in Nationstar Mortgage by Kyle Bass’ billion-dollar hedge fund made big impacts on several in the HW 30 index.
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JPM warns investment bank revenue may decline 11%

Blames drop in trading, underwriting, advising activity in 1Q
Trey Garrison
The world's top investment banks could see revenues decline as much as 11% in the first quarter, according to analysts at JPMorgan.
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Will the private RMBS market rebound in the second half?

Maybe, if Redwood starts issuance again
Brena Swanson
The boom of the non-agency market is turning into a slow crawl as investors turn elsewhere for more profit. But are they making the right choice?
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Evidence reveals Credit Suisse mortgage lapses

Emails show new story during crisis
HousingWire Staff
Credit Suisse has long claimed that it kept an untarnished name throughout the financial crisis, but that clean title might change very soon due to new evidence.
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Credit Suisse brings another jumbo RMBS

New Penn, DLJ mortgages comprise portfolio
Trey Garrison
Just over a quarter, or 25.8%, of the mortgage loans were acquired by DLJ Mortgage Capital. Almost three-quarters, or 74.2%, of the mortgage loans were originated or acquired by New Penn Financial and sold by New Penn to the depositor.
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Nationstar hungry for more MSRs

But only as long as the numbers work
Trey Garrison
Nationstar said they see a great opportunity in MSRs but they aren't going to be acquiring just for acquisition's sake.
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