DENVER -- BlackBox Logic, LLC, a Denver-based data aggregation company, will showcase their new RMBS solutions, including an updated version of its web-based loan-level analytics interface, Crystal Logic([R]), at the American Securitization Forum...
NEW YORK -- Fitch Ratings says the resignation of Fannie Mae chief executive Michael J. Williams should not affect day to day operations at the government-controlled mortgage lender. Both government-sponsored enterprises (GSEs) Fannie...
NEW YORK -- Fitch Ratings has published a special report on Disclosure of Loan Pool Information for U.S. residential mortgage-backed securities (RMBS) for the fourth quarter of 2011 (4Q'11). The report is available...
Measured against what followed the Christmas past of 2008, nearly any new year looks like a happy one. But 2012 is coming in full of cheer for many Northeast Ohio manufacturers. About the...
HEADNOTE Clear-eyed executives like EJ. Burke helped guide KeyBank Real Estate Capital smoothly through the turmoil of recent years. Now the bank's commercial real estate finance group is growing again and posting profits....
HEADNOTE A potential pause in recovery momentum is likely in 2012. However, the top 10 issues shaping the outlook spell uncertainty on several fronts. IMAGE ILLUSTRATION 1 Global commercial real estate (CRE) is...
HEADNOTE Residential origination volume in 2012 looks to be the lowest on record since 1997. However, things could surprise to the upside. Just don't bet the house on it. IMAGE ILLUSTRATION 1 The...
[ILLUSTRATION OMITTED] "I WAS NERVOUS. OUR CFO WAS NERVOUS," SAYS B. DOYLE MITCHELL JR., RECALLing the failure of several global financial institutions that marked the dark days of the Great Recession. "If there...
The economy is growing, but at a slower pace than necessary to significantly reduce the unemployment rate. While there may be decreases from month to month, the unemployment rate is likely to increase...
Global commercial real estate (CRE) is gradually improving despite mounting concerns over European sovereign debt, the pace of future economic expansion and a weak U.S. housing recovery. There are several issues that will...
In 2005, E.J. Burke was asked to take over the real estate finance unit of Cleveland-based Key Corp. Officially, he would become executive BBI vice president of KeyBank Real Estate Capital (KBREC), the...
[GRAPHIC OMITTED] [ILLUSTRATION OMITTED] Top 25 Prime Seriously Delinquent * Metros Metropolitan Statistical Area (MSA) Seriously National Delinquent Index (SD) % 1 Miami, FL 27.92 395 2 Fort Lauderdale, FL 22.50 319 3...
[ILLUSTRATION OMITTED] While Alaska is somewhat isolated from the rest of the country, the national economic crisis is having a psychological and real impact on the state's housing market. Since the advent of...
WASHINGTON -- The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Barclays Capital Inc. $3 million for misrepresenting delinquency data and inadequate supervision in connection with the issuance of residential...
NEW YORK -- Fitch Ratings takes the following rating actions on the U.S. residential servicer ratings for CitiMortgage, Inc. (CMI): --U.S. residential master servicer rating affirmed at 'RMS1'; --U.S. residential primary servicer rating...
NEW YORK -- Fitch Ratings has taken various rating actions on 61 U.S. Alt-A and SubPrime RMBS transactions. A detailed list of the rating actions can be found at 'www.fitchratings.com' by performing a...
NEW YORK -- Fitch Ratings has downgraded the U.S. residential servicer ratings for Ocwen Financial Corp. (Ocwen) as follows: --Residential primary servicer rating for subprime product downgraded to 'RPS3' from 'RPS2'; Rating Watch...
CHICAGO -- Citing a set of unintended, potentially adverse consequences, one of the Midwest's leading municipal bond broker-dealers today called on legislators and policymakers to analyze all the facts before moving to eliminate...
ACSI Gap Widens Between Credit Unions and Banks; Small Better Than Big ANN ARBOR, Mich. -- Customer satisfaction with credit unions breaks all prior records this year, according to a report released today...
CHICAGO -- Fitch Ratings has maintained the Rating Watch Evolving status on the insurance financial strength ratings for ING Verzekeringen's (ING V's) U.S. life insurance company subsidiaries (ING US). A full rating breakdown...