RMBS

New Residential Investment Corp. is readying an offering of bonds backed by both reperforming and nonperforming mortgages.

Deutsche Bank wants to finance hedge fund purchases of subprime loans in order to meet the terms of its $7.2 billion settlement with the U.S. government.

Although issuance of residential mortgage-backed securities remains down from a year ago, the number of nontraditional deals is continuing to grow, according to Moody's Investors Service.

In the aftermath of enforcement actions, non-executive chair Phyllis Caldwell is directing the special servicer's efforts to diversify its leadership and business model.

JPMorgan Chase is known to eschew selling conforming mortgage loans to Fannie Mae and Freddie Mac, preferring to securitize them in the private-label market.

Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.

Federal Reserve Bank of St. Louis President James Bullard said the central bank ought not rush to raising interest rates next month because uncertainty over the fiscal policies of the Trump administration clouds the U.S. economic outlook.

Almost a decade after it all began, the Federal Reserve is finally talking about unwinding its grand experiment in monetary policy.

Cerberus Capital Management is marketing its first securitization of reperforming mortgages of the year.

An explicit government guarantee of Fannie Mae and Freddie Mac is imperative to reform the secondary market, but needs be carefully circumscribed — covering only the securities and invoked only after multiple, significant layers of private capital have been exhausted.