CoreLogic said recently hired financial advisory firm Greenhill & Co. will evaluate the company’s financial strategy and “explore a wide range of options aimed at enhancing shareholder value,” up to and including a possible sale or merger of the Santa Ana, Calif.-based provider of mortgage and property data, analytics, technology and services.
Future mortgage-backed securities repurchase disputes could go through independent third-party reviews and possibly binding arbitration as part of model principles for them released by the American Securitization Forum Tuesday.
Municipalities are increasingly holding mortgage securitization trusts
liable for the upkeep of properties, which could affect investors’
cashflows, according to a new report from Moody’s Investors Service.
Not only are residential loan applications booming, but nonbanks increasingly are tapping their warehouse providers for additional credit.
Freddie Mac said Friday it would delay its regularly scheduled Reference Bills auction announcement until Monday due to anticipation that Hurricane Irene could have an effect on capital market participants in New York and other parts of the East Coast.
Fewer U.S. commercial mortgage-backed securities loans are slated to come due in 2012 than this year, according to a Fitch report Friday.
Flagstar Bank FSB, a top 15 ranked residential lender, Wednesday afternoon acknowledged that it received a delisting warning from the New York Stock Exchange because of its low share price.
