SEC loses lawsuit against former Citi CDO director --

A jury found Brian Stoker, ex-director of Citi’s CDO structuring group not liable for misleading investors in a faulty $ 1 billion CDO that cost those investors $ 700 million.

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Merkley refi plan could reach 75% of private underwater mortgages --

The plan from Sen. Jeff Merkley, D-Ore., could help 75% underwater nonagency borrowers get a principal reduction and a refinance, according to Chase analysts. Still, severely underwater borrowers would likely be left out and many questions remain.

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RBC readies covered bond program for mortgages --

The Royal Bank of Canada took the next step to finally offering its $ 12 billion mortgage-backed covered bond. Its program registration with the SEC took effect Monday.

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CFPB considers easing rules on mortgage LO compensation --

Remember the loan officer compensation rule that was hotly contested in court last spring? The CFPB, of all agencies, is exploring possible exemptions.

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Apartment developer Post Properties boosts earnings guidance on strong 2Q --

Post Properties readjusted its outlook for the year based on a successful second quarter, which saw an increase in net income and funds from operations.

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