RMBS
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SIFMA voices concern about secondary market impact of rapid VA loan refinancing
Oct 18, 2017Investors are concerned with the secondary market impact of mortgage lenders aggressively targeting servicemembers and military veterans for quick and potentially risky refinances, according to SIFMA, a prominent secondary market trade group. SIFMA voiced its concerns in a letter sent Wednesday to Ginnie Mae, which recently launched an investigation and a task force with the Department of Veterans Affairs to review a rise in rapid refinances among VA loans.
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Court of Appeals denies Nomura, RBS attempt to duck $839 million MBS settlement
Sep 29, 2017 -
Watchdog: Ginnie Mae wasn’t ready for nonbank mortgage lending boom
Sep 25, 2017 -
Credit Suisse books $80 million to settle RMBS litigation with MassMutual
Sep 18, 2017 -
Ginnie Mae investigating aggressive lenders targeting veterans for quick refinances
Sep 15, 2017 -
Former Deutsche Bank head subprime mortgage bond trader fires back at U.S. fraud charges
Sep 12, 2017 -
Flagstar breaks into RMBS market with “high-quality” first offering
Jul 31, 2017 -
Wells Fargo withholds $90 million for legal costs, shakes up mortgage bond market
Jul 03, 2017 -
AIG breaks into mortgage securitization big-time with high quality first offering
Jun 19, 2017 -
Former Nomura RMBS trader found guilty of securities, wire fraud conspiracy
Jun 15, 2017 -
Deutsche Bank reaches $95 million RMBS settlement with Maryland
Jun 05, 2017