Mortgage-Backed Security
Latest Posts
Mortgage Bond Investors’ Suit Against Countrywide Goes to State Court
Aug 21, 2009A US district judge this week decided not to take action on a lawsuit filed against Countrywide Financial by investors in mortgage-backed securities. The suit claims Countrywide’s decision to modify mortgage loans up to $8.4bn violates contracts held by investors in the securitizations where some of those loans live. The investors involved in the suit are asking that Countrywide purchase any loan it intends to modify out of the respective securitization and absorb the losses taken on modifications.
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Legacy CMBS-Eligible TALF Bids Soar, New Issue Stays Quiet
Aug 21, 2009 -
Moody’s Sees Weak Irish Mortgage Securities Market
Aug 20, 2009 -
Commercial Real Estate Faces Challenges in 2010: NAR
Aug 20, 2009 -
Fewer Possessions ‘Bode Well’ for UK RMBS: Moody’s
Aug 17, 2009 -
Taylor, Bean & Whitaker Suspends Online, Debit Payments
Aug 17, 2009 -
FHA-HAMP Takes ‘Slight’ Effect on Ginnie Mae Prepay Speeds: Barclays
Aug 17, 2009 -
Goldman Sachs, PIMCO Exit Federal Reserve’s MBS-Purchase Plan
Aug 17, 2009 -
Fed, Treasury Extend CMBS-Eligible TALF
Aug 17, 2009 -
Moody’s Warns of Increased Losses on Taylor, Bean & Whitaker RMBS
Aug 14, 2009