Securitization

More

• UPDATE 1-US states, regulator drop objections to $8.5 bln BofA deal Friday, 3 May 2013 | 7:28 PM ET

  NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.

• UPDATE 1-US states, regulator drop objections to $8.5 bln BofA deal Friday, 3 May 2013 | 7:28 PM ET

  NEW YORK, May 3- The New York and Delaware attorneys general and the U.S. housing regulator on Friday dropped their objections to Bank of America Corp's proposed $8.5 billion settlement with investors in Countrywide mortgage-backed securities, according to court filings.

• Hungry for yield, investors turn to pizza, films, vacation homes Tuesday, 12 Mar 2013 | 2:46 PM ET

  NEW YORK, March 12- Record low interest rates have helped investors rediscover a taste for bonds backed by everything from pizza to movie royalties, even though strong demand for these offbeat assets has already trimmed returns.

• Fannie, Freddie to Hand Securitization Business to New Firm Tuesday, 5 Mar 2013 | 6:01 AM ET

  

  Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants.

• UPDATE 2-Fannie, Freddie to hand securitization business to new firm Monday, 4 Mar 2013 | 8:08 PM ET

  WASHINGTON, March 4- Fannie Mae and Freddie Mac will form a joint venture for securitizing home loans that could end up replacing the two government-controlled mortgage finance giants, their regulator said on Monday.

• UPDATE 1-Fannie, Freddie to start new securitization firm, regulator says Monday, 4 Mar 2013 | 6:15 PM ET

  WASHINGTON, March 4- Fannie Mae and Freddie Mac will build a new joint company for securitizing home loans as a stepping stone toward shrinking the government's role in the mortgage market, the regulator of the U.S. government-controlled firms said on Monday.

• Objectors to $8.5 bln pact challenge BofA mortgage modifications Monday, 4 Feb 2013 | 2:24 PM ET

  NEW YORK/ CHARLOTTE, N.C, Feb 4- A group of mortgage-backed securities investors says Bank of America Corp failed to buy back more than $30 billion in loans from investors after the bank modified the mortgages to reduce borrower payments.

• UPDATE 4-Whale of a job change for JPMorgan's Staley Tuesday, 8 Jan 2013 | 2:03 PM ET

  *Moving to BlueMountain, which bet against JPMorgan in Whale trades. NEW YORK, Jan 8- James "Jes" Staley is leaving his job as chairman of the investment banking unit of JPMorgan Chase& Co to join a hedge fund that profited from the bank's $6.2 billion derivatives loss at the hands of the "London Whale" trader.

• Brazil's Vale sees derivatives market developing in iron ore Monday, 3 Dec 2012 | 7:35 PM ET

  NEW YORK, Dec 3- Brazil's Vale SA, the world's second largest mining firm, said on Monday it expects a huge derivatives market in iron ore to eventually take shape as players seek hedging instruments to minimize risk from increasingly volatile prices.