Allison Bisbey

Fannie Mae is marketing its second offering of the year of Connecticut Avenue Securities transferring the credit risk on mortgages that it insures.

Fitch Ratings believes the market disruption caused by mortgages that fail to comply with a new consumer disclosure rules is out of proportion to amount of risk posed to investors.

While the $1.9 billion of bonds are not guaranteed by the government, most of the underlying loans could have been sold to Fannie and Freddie, and the transaction accomplishes the same thing as the GSEs' risk-transfer deals.

JPMorgan Chase is preparing one of the largest private-label mortgage securitizations since the financial crisis.

The collateral for Agate Bay 2016-2 includes some residential mortgages that failed to comply, at least initially, with "Know Before You Owe" disclosure rules that took effect in October.

Market volatility and new regulatory burdens are thinning the ranks of commercial mortgage lenders that underwrite loans for securitizations. Activity is slowing down as a result, and it is unclear if banks and insurers will fill the void, especially outside the largest cities.

Freddie Mac has expanded the amount of ongoing loan-level data it discloses about mortgages it insures in an effort to boost appetite for reinsurance.

Nationstar Mortgage is in the market with the second rated securitization of what are nonperforming Home Equity Conversion Mortgage loans, according to Moody's Investors Service.

Investors continue to demand additional yield for exposure to defaults on loans insured by the Fannie Mae.

Redwood Trust said it will stop originating commercial mortgages for securitization and focus solely on investing in bonds backed by commercial mortgages originated by others.

Fitch Ratings is warning about the mezzanine tranches of commercial mortgage securitization by Morgan Stanley and Bank of America Merrill Lynch, though it is still rating the notes.

Freddie Mac has taken out another reinsurance policy that transfers risk of default on mortgages it insures.

Lenders argue that the GSEs would be better off buying more loans that are already insured, rather than transferring credit risk after holding them for a time. But Freddie Mac's Kevin Palmer says certainty of reimbursement is more important than the timing of risk transfers.

Clayton Holdings has been selected by Angel Oak Capital Advisors to be the representation-and-warranty reviewer for a $150.4 million private-label securitization of nonprime loans.

WinWater Home Mortgage's first prime jumbo securitization of the year is backed by a mix of 15-year and 30-year loans, according to DBRS.

Spreads widened on Freddie Mac's latest offering of Structured Agency Credit Risk securities as investors demanded additional compensation for taking on the credit risk of mortgages insured by the company.

Forget bigger is better. Several private-equity-backed lenders are making loans to small landlords, who represent the biggest chunk of the home-rental market and get less help from Fannie Mae and Freddie Mac than they once did.

Two Harbors is marketing its first residential mortgage securitization of the year, according to Fitch Ratings.

RAIT Financial Trust said it closed on its fifth commercial real estate collateralized loan obligation.

The strong recovery in commercial real estate has enabled borrowers to resolve a lot of problem loans made before the financial crisis, but Fitch Ratings continues to expect no recoveries from "hope notes."