The lawsuit challenged a New York law that prevents servicers from manipulating the six-year statute of limitations to restart or prolong fore-closure actions.

Mortgage industry analysts ponder the impact of new Fannie Mae and Freddie Mac disclosures on the MBS and credit-risk transfer markets.

While the CFPB reviews feedback on its TILA-RESPA Integrated Disclosure rule RIF, the Structured Finance Association is working on updating its TRID compliance document.

Officials at Ginnie Mae and the Department of Veterans Affairs are in discussions on the high prepayment speeds on VA-backed loans, according to an industry source familiar with the agency.

Congress should act now, while the economy is relatively stable, to create a liquidity facility for Ginnie servicers, rather than plugging holes when the ship is sinking, speakers at an industry event said.

Commercial banks reported a small decline in structured finance assets backed by commercial and industrial loans, mostly from declining held-to-maturity accounts. Experts say bank CLO holdings in loan format continue to grow. (Includes data table.)

Several themes emerged from the feedback the Securities and Exchange Commission received in response to its concept release on changes to Reg. AB2 disclosure standards for publicly-registered deals.

The Western Alliance Bank subsidiary has been offloading its agency-eligible production to other issuers.

The document briefly available on the Federal Register late last week described the creation of a new division at Ginnie Mae to address the need for greater data and market analysis.

The trade group envisions a modern records retrieval system that eliminates the need to move the loan documents associated with mortgages that collateralize both agency MBS and non-agency MBS.