Tag Archives: RMBS

A new report from Neuberger Berman Group LLC indicates that 2013 will usher in greater stability and a reduction in uncertainty and volatility for investors. Releasing macroeconomic analysis, the company touted diversification of assets and the appeal of real estate securities during the year ahead.

The National Credit Union Administration (NCUA) filed its 10th action against a major Wall Street investment firm.

The National Credit Union Administration (NCUA) announced Monday it has filed suit against JPMorgan Securities and Bear Stearns over allegations of falsely representing the quality of mortgage-backed securities (MBS) sold to corporate credit unions. NCUA's complaint alleges that although Bear Stearns' offering documents described the firm's adherence to underwriting guidelines, the originators had in fact "systematically abandoned the stated underwriting guidelines in the Offering Documents."

Hurricane Sandy's impact on non-agency residential mortgage-backed securities (RMBS) may not be nearly as bad as originally expected.

Freddie Mac may ramp up repurchase demands with intentions to begin including mortgage loans made in 2004 and 2005 in its repurchase reviews.

The Securities and Exchange Commission (SEC) has ended its investigation of potential fraud in offering documents for mortgage-backed securities (MBS) sold by Wells Fargo.

The RMBS Working Group filed a complaint against Credit Suisse for allegedly misrepresenting securities sold to investors.

JPMorgan Securities LLC and Credit Suisse Securities (USA) paid a combined $416.9 million to settle charges of misleading investors.

Another major bank took a hit as the National Credit Union Administration (NCUA) filed a lawsuit against Credit Suisse Securities.

Performance on vintage prime residential mortgage-backed securities (RMBS) continues to degrade, Fitch Ratings revealed in a report.