Ongoing challenges in the retail sector are raising questions about the credit implications for some structured finance collateral, though the negative effects on the commercial MBS market appear to be limited due to a strong economy, according to a report by Moody’s Investors Service. The disruption in the U.S. retail sector has been caused by the growth of online shopping, cutthroat competition, over-expansion and inability to adapt to changing consumer demands, the report indicated ...

Harassment complaints filed against Federal Housing Finance Agency Director Mel Watt took center stage during a House Financial Services Committee hearing late this week in which his accuser testified that the agency, along with its inspector general, treated her unfairly. Simone Grimes began her career at the FHFA in 2010 and became a special advisor in 2015. She complained that she was not given the same benefits as her predecessor in this temporary role and was advised that Watt would ...

A number of investors noted that it’s difficult to find structured-finance products with attractive yields.

If Ocwen reenters the servicing market as a buyer it will be doing so at a time when MSR prices are the highest they’ve been all decade...

But there’s a catch: the portfolio has a delinquency rate of 11.5 percent and foreclosures of 1.5 percent.

However, bankers and advisors who ply their trade in the MSR market have told Inside Mortgage Finance there is adequate financing available to nonbanks.

Blackrock and PIMCO were among the firms cited as avoiding new non-agency MBS deals…

Simone Grimes, who holds the title of special advisor, is still employed by the agency.

The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...

However, some large commercial banks are willing to remain in the market through correspondent arrangements…