Excess Spread

• Fannie Mae To Monitor Servicers For Foreclosure Delays 09/03/2010 07:48 PM  

  Fannie Mae has notified mortgage servicers that it will be monitoring them to make sure they do not delay moving delinquent loans into foreclosures.

• OCC Sees Some Easing Of Lending Standards 09/03/2010 07:48 PM  

  The Office of the Comptroller of the Currency says the trend of tightening underwriting standards has continued for the past three years, but there are signs of some easing in lending as a result of increased competition for business.

• CS Says MBS Spread Volatility To Continue 09/03/2010 07:48 PM  

  Spread volatility in mortgage-backed securities is expected to continue, though may be more modest if the Federal Reserve decides to reinvest proceeds from the sale of the securities in MBS, according to Credit Suisse analysts.

• America First Gets Financing From Freddie Mac 09/03/2010 07:48 PM  

  Freddie Mac’s Tax-Exempt Bond Securitization Program has provided America First Tax Exempt Investors with $96.8 million in financing.

• Excess Spread 09/03/2010 07:18 PM  

• EU Gives Supervisory Authorities More Power 09/03/2010 05:45 PM  

  The European Parliament and negotiators for the governing council of the European Central Bank have reached an agreement that will give the new EU supervisory authorities (ESA) new power to settle disputes among national financial supervisors and to ban risky financial products and activities.

• Banks Make Progress In Comp Reform 09/03/2010 05:45 PM  

  Banks have made strides in reforming their compensation practices, according to the Institute of International Finance.

• Aussie REIT Eyes A$250 Mln CMBS Offer 09/03/2010 05:45 PM  

  Goodman Group, the Australian real estate investment trust, is planning a A$250 million ($228.5 million) offer of commercial mortgage-backed securities.

• Quick AIB Wind Down Seen As Costly 09/03/2010 05:45 PM  

  A quick wind down of Anglo Irish Bank could be a costly move for taxpayers, according to Brian Cowen, Ireland’s prime minister.

• Kazakhstan Proposes Stricter Control of Banks 09/03/2010 05:45 PM  

  Kazakhstan’s Financial Oversight Agency is introducing a draft law that would impose tighter control on the banking sector.