securitization

‘Hogs get slaughtered’: Comments of week

06/30/17

Readers criticized a credit union securitization proposal, weighed in on scaling back the CFPB’s complaint database, debated the need for banks to examine gender-based salary comparisons, and more.

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Pay attention: Lending Club's first securitization is a big deal

06/26/17

Sponsoring securitizations of the loans funded on its platform will give Lending Club more control over its reputation in the market and make it less beholden to direct loan buyers.

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Credit unions cleared to securitize loans, amplifying threat to banks

06/26/17

The NCUA is letting federal credit unions securitize and sell assets. Such transactions would free up capital at credit unions, allowing them to make more loans.

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Ocwen goes on the offense in fight with regulators

05/03/17

In an attempt to show it went all out to help struggling homeowners, the embattled mortgage servicer Ocwen Financial provided an unusual level of detail about foreclosures it says regulators have deemed "inappropriate."

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How technology mitigated a crisis in student loan ABS

05/03/17

Navient and Nelnet, the two largest student loan servicers, avoided downgrades on some $18 billion of bonds by extending their maturities. Getting the required consents from investors would normally take ages, but recent innovations speeded the process.

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Freddie's serious delinquencies are seriously low

05/02/17

Freddie Mac's serious delinquency rate dropped below 1% for the first time since 2008, lending credence to its efforts to expand credit access.

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How Ocwen's regulatory woes could help rival Nationstar

04/27/17

The onslaught of regulatory actions against Ocwen may open the door for Nationstar to pick up a massive subservicing portfolio from the beleaguered servicer.

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Reg burden forces community bank to unload CLO business

03/31/17

Triumph Bancorp in Texas agreed to sell its CLO management firm just months after new risk retention rules kicked in.

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Why Fannie still sees room to grow in multifamily

03/28/17

Demographic trends continue to fuel demand for apartments, and there is a large volume of 2007 vintage loans up for refinancing, says Jeffrey Hayward, Fannie Mae's head of multifamily mortgage.

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Fannie rental securitization deal draws fire from industry groups

03/15/17

Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.

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