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American International Group's Donna DeMaio, who has management duties for several different segments of insurance, was designated to stick with the mortgage-guaranty subsidiary that the company plans to exit, CEO Peter Hancock said.
January 27 -
Freddie Mac has priced a $757 million offering of structured pass-through certificates under its "K Certificates" program that securitizes recently originated multifamily mortgage loans.
January 27 -
In the absence of congressional action on housing finance reform, here is what the Federal Housing Finance Agency should do sooner rather than later.
January 27 -
Insurance giant American International Groups announcement Tuesday that it plans to split off its mortgage insurance business takes the prospect of a broader breakup off the table in the short term, but some observers think the firm may still break itself up eventually.
January 26 -
JPMorgan Chase agreed to pay almost $1 billion to resolve claims by Ambac Financial that it was duped into insuring mortgage bonds backed by shoddy loans, clearing the way for approval of a larger settlement over similar allegations.
January 26 -
The first three transactions of U.S. prime jumbo residential mortgage bonds issued since the financial crisis have been called without any loss, Fitch Ratings reported Monday.
January 26 -
The mortgage industry can better manage disparate regulatory requirements with a comprehensive approach that streamlines compliance.
January 26Sapient Global Markets -
Bank of America and nine other banks have agreed to pay about $63 million to settle claims they misled the state of Virginia into buying faulty residential mortgage-backed securities.
January 26 -
Bank of New York Mellon has become a big believer in reverse mortgages, particularly home equity conversion mortgages insured by the Federal Housing Administration.
January 25 -
Home Partners of America is securitizing a portfolio of single family rental homes with a unique feature: the tenants lease-to-own.
January 22