Fitch Ratings has unveiled a new Web portfolio management tool, Fitch Alert Surveillance Tracker.Fitch said that FASTracker allows investors to monitor how new research and performance data are affecting asset backed bonds, including residential and commercial mortgage-backed securities. The service allows users to build a portfolio of Fitch rated structured finance bonds, set customized performance triggers, and receive e-mail alerts when a trigger is breached. Jayme Laurash, managing director at Fitch, said FASTracker allows investors "to capture performance trends as they are happening, and not after the fact."
-
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
19m ago -
The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
5h ago -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
6h ago -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
9h ago -
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
September 10 -
The USA Patriot Act passed on an overwhelming bipartisan basis in the wake of the 9/11 attacks, overhauling banks' involvement in anti-money-laundering efforts.
September 10










