At 5:50 p.m. on Tuesday, 10 minutes before the attorney general's scheduled conference, Schneiderman's office sent an email advisory that the call had been "postponed indefinitely."
Mortgage servicers continue to modify 25,000 loans a month under the HAMP, but that pace could pick up later this summer.
Freddie Mac has announced its sixth offering of K Certificates backed exclusively by multifamily mortgages with a seven-year term.
Analytics provider CoreLogic appointed Kevin Wall as senior vice president of its default services business.
Senate Minority Leader Mitch McConnell and 38 other Republicans are pledging to file a court brief supporting any legal challenge to the recess appointment of Richard Cordray.
For the U.S. market, the lessons of European regulatory simplicity could be key to reviving other sectors of securitization outside the consumer ABS asset classes.
Securitization pros have had to constantly come up with new deal structures to respond to challenges posed by the ongoing financial crisis. Nowhere is this more obvious than in CMBS.
An underappreciated threat to the mortgage and housing markets is the reliance of many American borrowers on low Libor rates.
The PrimeX indices experienced a sharp dip in October that drew a lot of attention.
The recent changes to monetary policy by the Fed, among other things, has put the domestic banking system at risk.