Glen Fest

The former Bear Stearns headquarters building at 245 Park Avenue, a long-time home to cornerstone financial services tenants as well as Major League Baseball, is the sole property backing a new single-borrower $500 million commercial mortgage securitization.

Velocity Commercial Capital is launching a small-balance commercial mortgage securitization, according to Kroll Bond Rating Agency.

Bayview Asset Management is marketing another $183 million of bonds backed by reperforming mortgages acquired last year from CitiFinancial Credit Co.

The Loan Syndications and Trading Association is appealing directly to Treasury Secretary Steven Mnuchin to exempt collateralized loan obligation managers from rules requiring "skin in the game" of deals.

Some are wording the language of amendments used to refinance deals so as to be able to benefit if risk retention rules are repealed.

Mill City Holdings is returning to market with its fourth securitization of reperforming residential mortgages, this time with a sliver of home equity lines of credit added to the mix of collateral.

The bank is holding on to $31.7 million of the notes to be issued in the $635 million conduit transaction in order to comply with risk retention rules, according to ratings agency presale reports.

Nonprime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to Fitch Ratings.

Opus Bank has completed a $509 million securitization of its multifamily loans through a Freddie Mac-sponsored "Q-deal" risk-transfer securitization.

JPMorgan is returning to a familiar structure as it again pools large-market prime jumbo mortgages for investors in collateralized residential mortgage loans.

SoFi Lending Corp.'s securitization of its student loan refis for high net worth individuals is now a model for its recent expansion into super prime jumbo mortgages.

FirstKey Mortgage is marketing its fifth portfolio consisting primarily of formerly troubled first-lien residential mortgages that have rebounded to reperforming status.

Citigroup is marketing its latest commercial mortgage securitization heavily centered on the more volatile CMBS mix of hotel and office properties.

A third securitization of single-family rental properties by Colony American Finance is also the smallest to date for the REIT-affiliated lender.

Towd Point Mortgage Trust is adding more "dirty" pool assets into its fourth reperforming mortgage securitization of 2016.

JPMorgan opted for more geographic diversity in its third securitization this year of prime fixed-rate residential mortgages predominately located in high-priced urban markets.

Renovate America is marketing a $320.2 million securitization of Property Assessed Clean Energy bonds, its third of the year and eighth overall.

Caliber Home Loans is preparing a second subprime residential mortgage securitization, just months after completing its first U.S. subprime asset-backed deal of the post-crisis era.

In just a few years, a popular mall with high-end anchor stores and boutique retail tenants can fall into substandard property condition, leaving commercial mortgage bond investors with outsized losses on their exposure to these properties.

Macy's decision to shutter another 100 of its department stores could impair some $3.64 billion of securitized commercial mortgages, according to Morningstar Credit Ratings.