Mar 11, 2010 – Barney Frank's call for banks to forgive principal on second liens was music to the ears of mortgage bond investors who have been pushing the idea for about a year.
Mar 11, 2010 – Secretary Geithner defended the administration's decision not to outline a plan for the future of Fannie and Freddie until 2011.
Mar 11, 2010 – A scathing report by a Congressional watchdog examining the bailout of GMAC found that the Treasury Department did not adequately protect taxpayer money.
Mar 11, 2010 – KKR has promoted four professionals in its asset management department.
Mar 11, 2010 – Subprime RMBS prices in the U.S. reversed course this past month, with most vintages rising in value.
Mar 11, 2010 – Freddie Mac reported further easing in mortgage rates in the week ending March 11.
Mar 11, 2010 – The new release is a synthetic total return swap index that will be referencing the interest component of 30-year fixed-rate Fannie Mae RMBS pools.
Mar 11, 2010 – Altrius Capital Management launched an institutional investing division and hired MBS veteran Gian Russo.
Mar 11, 2010 – Kevin Jackson's arrival will bolster the RMBS effort at Wells Fargo Securities.
Mar 11, 2010 – Chris Dodd announced today that he plans to introduce a bill next week on his own with the goal of pushing it through the committee along party lines if necessary before the Easter recess.
Mar 11, 2010 – Richard Blumenthal has filed suit against Moodys and S&P for allegedly enabling the worst economic downturn in the nation since The Great Depression.
Mar 10, 2010 – The program will fund up to 365 days of accounts receivable and provide reimbursement for each month of SLF Medicaid invoices.
Mar 10, 2010 – 1010data secured a $35 million minority equity investment from global venture capital firm Norwest Venture Partners.
Mar 10, 2010 – Commercial banks will be big buyers of agency MBS this year and help keep mortgage rates in check after the Federal Reserve withdraws from the market.
Mar 10, 2010 – Petricks appointment is part of the PE firms plan to expand its credit and capital markets business.