Class B-3 of Salomon Brothers Mortgage Securities VII Inc. mortgage pass-through certificates, series 2000-UP1, has been placed on Rating Watch Negative by Fitch Ratings. Fitch also affirmed the ratings on 63 classes from 15 issues of Salomon Brothers pass-throughs. The collateral in the transaction consists of first-lien prime mortgage loans.
The rates of single parent homeownership by gender differ by 14 percentage points, even though more single women own homes than men.
Purchases and refinances both contributed to weekly growth, with notable increases in certain government-lending segments, the Mortgage Bankers Association said.
McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.
Freddie's plan "has merit," but if also used by Fannie, it might create competition for many closed-end, second liens in PL RMBS, according to new research.
While the company made headway in reducing operational costs, it incurred several million dollars worth of expenses as it dealt with the January incident.
Federal Reserve Chair Jerome Powell said there have been "no decisions" on the controversial capital reform plan, but banks and others who have criticized the proposal are eager for an indication about what's next.
