Analysts suggest that the proprietary credit scores of the GSEs, if released prior to pooling loans into MBS, could serve as the basis for a new category of specified pool.
A working group at the National Association of Insurance Commissioners proposed harsh treatment of multi-collateral structured credit investments at insurance companies.
A New York appellate court upheld a ruling that deferred mortgage loan principal payments under a crisis-era loan-modification program should be treated as subsequent recoveries.
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.
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.