The Office of the Superintendent of Financial Institutions (OSFI) recently published Draft Guideline B-5: Asset Securitization (Draft Guideline), which sets out an updated regulatory framework for the ...

Matt Levine makes a lovely point over at Bloomberg. One which is entirely contrary to current received wisdom. That point being that securitization of mortgages actually worked, actually did what it ...

Connecticut-based Ellington Financial, the parent company of top-10 reverse mortgage lender and servicer Longbridge Financial, announced this week that it has completed a securitization backed by a ...

While credit risk is the obvious and necessary concern of The Journal of Credit Risk, the market turmoil of the last month or so has reinforced in all our minds how perceived credit risk and ...

Twenty-one months ago, as 2009 began, the financial world was in a shambles. Virtually every market associated with the uninsured, “shadow” banking system had closed down. There were jokes about what ...

OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) (the "Company") today announced the closing of a $208 million securitization backed by a pool of proprietary reverse ...

Credit unions, unencumbered by a mandate to maximize profits, have generally been conservative in their approach to business. Processing Content That conservatism extends to funding, with CUs relying ...

RWT.PR.A preferred shares yield 10% but offer limited upside and high duration risk, especially as long-term rates rise.

Ellington Financial, the parent company of reverse mortgage industry lender and servicer Longbridge Financial, announced the successful closing of a new securitization backed by a pool of proprietary ...