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PIMCO is resecuritizing a large swathe of mostly non-qualified home loans that were previously bundled in 2016-2017 mortgage-backed securities, according to presale reports.
By Glen FestAugust 5 -
Bank of America is tapping the commercial mortgage-backed securities market to refinance the debt on its namesake Manhattan office building, providing BofA and building co-owner The Durst Company with a hefty cash-equity payout.
By Glen FestAugust 1 -
Angel Oak Mortgage Trust 2019-4 involves 1,551 loans, according to ratings agency presale reports. Nearly 84% of the loans have borrowers who do not meet the CFPB’s qualified mortgage standard.
By Glen FestJuly 29 -
While property assessed clean energy financing slows elsewhere (especially California), a renewables push through both NYC and state measures may turn the Empire State into a new focal point for PACE.
By Glen FestJuly 23 -
Jefferies is housing the initial round of $300 million in loans under a repurchase agreement with four lenders, as well as with the trust established for the transaction in Jefferies’ standing as the repo seller.
By Glen FestJuly 22 -
Verus Securitization Trust 2019-INV2 is backed by investor loans secured by 1,042 rental properties. The loans were originated by 76 different lenders.
By Glen FestJuly 16 -
Occidental Management is sponsoring a single-asset, single-borrower deal through JPMorgan backed by the fee simple interest from receivables of a lease-buyback arrangement with Sprint Corp.
By Glen FestJuly 16 -
Despite rising delinquency levels, borrower performance on the underlying mortgages in GSE credit-risk transfer securitizations is strong enough to warrant ratings upgrades to more than half of nearly 1,200 outstanding note classes.
By Glen FestJune 28 -
The deal is backed by an underlying pool of 1,724 fixed-rate mortgages originated by Blackstone-owned Finance of America Mortgage.
By Glen FestJune 26 -
The publicly traded real estate investment firm is backing the securitization via Citi with 156 properties in 28 states.
By Glen FestJune 25 -
Blackstone's real estate affiliate and property management firm SITE Centers Corp. acquired the 12 centers across seven states in 2014.
By Glen FestJune 21 -
The unrated notes being issued by the FREMF 2019-KG01 Mortgage Trust are backed entirely by workforce housing loans for green-friendly upgrades of older apartment buildings that fulfill affordable housing needs in communities.
By Glen FestJune 21 -
The loan covering single-tenant distribution/fulfillment centers is the largest obligation in the transaction being rated by four agencies.
By Glen FestJune 20 -
Cerberus affiliate FirstKey Mortgage will pool outstanding first- and second-lien loans totaling $277.7 million drawn from 1,732 seasoned and performing HELOCs.
By Glen FestJune 14 -
OBX 2019-INV2 is a private-label RMBS pool of 1,087 of agency-eligible investor-property loans.
By Glen FestJune 12 -
The pool of 497 loans includes first-lien fixed- and adjustable-rate mortgages for single-family homes and multifamily properties, primarily underwritten to self-employed borrowers.
By Glen FestJune 10 -
The transaction, cooperatively sponsored by the insurer's residential mortgage lending group of five home-loan entities, is among the smaller of AIG’s recent prime jumbo pools that have been as high as $429 million.
By Glen FestJune 7 -
The investment research firm plans to merge DBRS' ratings business with its existing Morningstar Credit Ratings Service.
By Glen FestMay 29 -
Kroll Bond Rating Agency assigned the AAA to HERO Funding 2018-1 due to higher-than-expected prepayment rates on residential PACE levies.
By Glen FestMay 23 -
The $161.5 million transaction backed by leasehold interests in the Jimmy Buffett-themed luxury hotel will include a $49.3M cash-out payment to the Denver-based PE firm.
By Glen FestMay 20


















