Secondary
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Assured Sues UBS for Contract Breach in RMBS Deals
National Mortgage News | February 6Assured Guaranty has filed a lawsuit against UBS' real estate securities unit over breach of contract claims.
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Risk Appetite in Repo Market Makes a Comeback, Fitch Says
National Mortgage News | February 6Risk appetite in the U.S. triparty repo market is slowly returning, according to Fitch Ratings in a new report.
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Trepp: CMBS Delinquency Rate Sees Dip in January
National Mortgage News | February 6In the past month, the Trepp CMBS delinquency rate has been hovering within a narrow band. For the last three months, the delinquency rate has shifted back and forth only slightly higher and lower. During this process, the rate has not gone over 9.60% or below 9.50%.
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Signs of Life in Wholesale?
What We're Hearing | February 3Wholesale lending is back! OK, not exactly. Citigroup announced its exit from the channel this past week and some trade journals - not knowing their stuff - seemed to think it was the biggest story since the Hindenburg disaster. Wholesale only accounted for 9% of Citi's production.
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BPO Vendor Can Provide Experts in Areas that Include IT
National Mortgage News | February 3Even though the vast majority of its services are as an outsource solution, Bensalem, Pa.-based ISGN also provides contract employees to help meet transitory needs in the mortgage industry, including IT staff.
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Measure to Ban GSE Bonuses Moves Forward in the Senate
National Mortgage News | February 3A Senate bill that would bar members of Congress from trading on confidential information was amended Thursday to include a ban on paying bonuses to executives at Fannie Mae and Freddie Mac.



























