Securitization in the News

August 1, 2011

Forensic Mortgage Auditors, inc is proud to announce we have been issued a certified copyright
on all of our audits.  We are the only known company in the US to have this distinction.

The latest in securitization news covers many areas of the world, and loan securitization sectors which may be up or down at any given time. One area of interest concerns the FDIC, and changes this agency is making to the rules and standards for accounting in the United States when it comes to securitizations. These changes have a couple of consequences, and this has made it a big subject in securitization news. One consequence is that some entities, including banks, will no longer be able to take advantage of certain preferential treatments when it comes to their qualifying special purpose entities. Another is that a lot of Asset Backed Commercial Paper conduit sponsors will probably have to condense and consolidate these conduits under the new regulations. Much of the securitization news in the last few months has been about mortgage backed securities. As housing markets fell, defaults and losses in this sector rose. The housing and mortgage markets have been partly blamed for the global recession which was present in 2008 and 2009.

This section is for our partners and clients to be able to see how the news has started to pay attention
to what is happening in the world of Forensic and Securitization auditing.

Please check back often for new updates as we find them we will post them here for you!!

• Delaware Attorney General Joins in Dropping Bombs on Bank of America Settlement and Bank of New York

• Citigroup Said to Get California Subpoena Over Mortgage Securitizations

08-08-11 - A new release from NBC News

07-31-11
A 60 minutes report regarding Securitization and Robo-Signing

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