March 4, 2015
Wednesday’s Academic Roundup
American Dream in Flux: The Endangered Right to Lease a Home, by Andrea J. Boyack, Real Property, Trust and Estate Law Journal, Vol. 49, No. 2, 2014. A Guide to New York State Commercial Landlord-Tenant Law and Procedure, by Gerald … Continue reading
March 4, 2015 in MBS industry | Permalink | No Comments
March 2, 2015
Monday’s Adjudication Roundup
Morgan Stanley agrees to pay the DOJ $2.6 billion to end investigation about its mortgage-backed securities deals during the financial crisis. MetLife settles with DOJ for $123.5 million for issuing mortgages that did not meet underwriting standards. Settlement Agreement. Statement … Continue reading
March 2, 2015 in MBS industry | Permalink | No Comments
February 25, 2015
Wednesday’s Academic Roundup
Regulation and Liability of Credit Rating Agencies – A More Efficient European Law?, by Thomas M.J. Mollers & Charis Niedorf, ECRF 2014, 333-363. How Federal Tax Expenditures that Support Housing Contribute to Economic Inequality, by Henry Rose, Loyola University Chicago … Continue reading
February 25, 2015 in MBS industry | Permalink | No Comments
February 23, 2015
Monday’s Adjudication Roundup
Federal judge reprimands Wells Fargo for forged mortgage documents in connection with foreclosure in NY. Goldman Sachs, among others, argues to SDNY that it was wrongfully included in litigation over requiring mortgage customers to purchase force-placed insurance and taking kickbacks. … Continue reading
February 23, 2015 in MBS industry | Permalink | No Comments
January 22, 2015
Kroll on Mortgage Performance
The Kroll Bond Rating Agency has issued an update of its residential mortgage-backed securities model methodology, Residential Mortgage Default and Loss Model. Before the financial crisis, ratings models seemed to be very reliable, data-driven models of probity and caution. We … Continue reading
January 22, 2015 in MBS industry | Permalink | No Comments
January 12, 2015
S&P on Jumbos
Last week, I discussed an up beat S&P report on the overall RMBS market. Today I discuss and S&P report on the jumbo mortgage market. This report sees much slower growth in the private-label jumbo residential mortgage-backed securities market. It … Continue reading
January 12, 2015 in MBS industry | Permalink | No Comments
September 30, 2014
Cool Mortgage Tool
The Urban Institute has created a cool interactive tool to map mortgages in the United States. Enterprise describes the tool as follows: it maps 12 years of data on more than 100 million mortgage originations throughout the U.S. by race … Continue reading
September 30, 2014 in MBS industry | Permalink | No Comments
