RMBS
Latest Posts
RBS reaches $125 million mortgage bond settlement with California
Dec 27, 2017Earlier this year, the Royal Bank of Scotland finally reached a $5.5 billion settlement with the Federal Housing Finance Agency over alleged violations of federal and state securities laws in connection with private-label residential mortgage-backed securities trusts purchased by Fannie Mae and Freddie Mac from 2005 to 2007. But RBS’ legacy issues are not done and dusted yet.
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Fitch: These 4 things keep driving up the cost of mortgage servicing
Dec 12, 2017 -
RBS will pay $44 million for cheating customers in mortgage bond trading
Oct 26, 2017 -
SIFMA voices concern about secondary market impact of rapid VA loan refinancing
Oct 18, 2017 -
Court of Appeals denies Nomura, RBS attempt to duck $839 million MBS settlement
Sep 29, 2017 -
Watchdog: Ginnie Mae wasn’t ready for nonbank mortgage lending boom
Sep 25, 2017 -
Credit Suisse books $80 million to settle RMBS litigation with MassMutual
Sep 18, 2017 -
Ginnie Mae investigating aggressive lenders targeting veterans for quick refinances
Sep 15, 2017 -
Former Deutsche Bank head subprime mortgage bond trader fires back at U.S. fraud charges
Sep 12, 2017 -
Flagstar breaks into RMBS market with “high-quality” first offering
Jul 31, 2017 -
Wells Fargo withholds $90 million for legal costs, shakes up mortgage bond market
Jul 03, 2017