AmeriHome Mortgage Company is bringing nearly $395 million of agency-eligible mortgages to the private securitization market in what KBRA describes as the lender’s inaugural prime agency-eligible residential mortgage-backed securities transaction. KBRA on Sept. 11...
Saudi Arabia has moved further into the real estate finance realm with its first residential mortgage-backed securities (RMBS) offering. The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund company, coordinated the offering. In a press statement,...
UBS (NYSE: UBS) has agreed to a $300 million settlement with the Department of Justice that will settle the legacy Credit Suisse case regarding the improper sales of residential mortgage-backed securities (RMBS) prior to the 2008 financial crisis. The...
Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
Nomura Securities International (NSI), the U.S.-based broker-dealer subsidiary of Japan’s Nomura Holdings (NYSE:NMR), has reached a $35 million settlement with the U.S. Department of Justice relating to its fraudulent trading of residential mortgage-backed securities...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
