Allison Bisbey

Renewable Funding, emboldened by the success of its first three trips to the securitization market, is preparing to finance an even larger portion of its lending for energy efficiency upgrades.

Fannie Mae said Thursday it obtained reinsurance on another $11.7 billion of residential mortgages through its Credit Insurance Risk Transfer of the year.

Commercial mortgage lenders, and investors in their bonds, have been more eager than the residential market to embrace Property Assessed Clean Energy loans even though those loans hold a superior-lien position. Here’s why.

Shellpoint Partners is preparing its first private-label mortgage securitization in over a year, according to Kroll Bond Rating Agency.

Credit Suisse is marketing $767 million of bonds backed by 53 mortgage that are secured in turn by 199 commercial properties.

Diamond Resorts is preparing its first offering of bonds backed by timeshare loans in nearly a year, according to Kroll Bond Rating Agency.

Blackstone Real Estate Partners is tapping the securitization market for a cash-out refinancing of The Cosmopolitan of Las Vegas hotel and casino.

The second commercial mortgage securitization designed to comply with risk retention is backed by a single loan on a Manhattan skyscraper.

Bayview Asset Management is securitizing $159.6 million of securities that transfer the risk of credit losses on mortgages insured by Fannie Mae and Freddie Mac.

Tricon American Homes is prepping its second securitization of single-family rental homes, according to ratings agency reports.

Late payments on securitized commercial mortgages reversed course in September and resumed a climb that began in March, according to Trepp.

Fannie Mae and Freddie Mac want to make it easier for owners of older apartment buildings to make energy efficient upgrades.

Citigroup is shopping $540 million of bonds backed by a portfolio of 102 self-storage facilities.

JPMorgan is dipping into its toolbox for a type of financial engineering rarely seen these days: "re-REMIC," or a securitization of real estate mortgage investment conduits.

American Homes 4 Rent has repaid the $342 million loan that serves as collateral for its first securitization of single-family rental properties.

The owner of 9 West 57th St., an entity controlled by real estate developer Sheldon H. Solow, is using the loan to refinance the building, cashing out $485 million of equity in the process.

In an unusual move, Fannie Mae has obtained credit ratings for eight previously unrated tranches of five Connecticut Avenue Securities transactions issued between 2012, when the program was launched, and 2015.

Many lenders are still reluctant to give mortgages to borrowers with less-than-pristine credit, yet such loans are far more likely than prime jumbo loans to be bundled into collateral bonds. Sreeni Prabhu of Angel Oak Capital credits banks' behavior and higher interest rates for that reality.

Fitch has taken a slightly dimmer view of Midland Loan Services' ability to workout distressed commercial mortgages.

Angel Oak Capital's second securitization of nonprime residential mortgages brought its funding costs down significantly, helped by the addition of some new investors.