Nora Colomer

Rising house prices and relatively low interest rates helped improve the outlook for the riskiest tranches of residential mortgage-backed securities.

Royal Bank of Canada and Canadian Imperial Bank of Commerce launched their covered bond programs under the new covered bond framework in Canada.

Unlike the previous transactions, the latest deal is backed by loans to borrowers that have missed payments in the last 12 months.

Kroll Bond Rating Agency has assigned preliminary ratings to a $1.34 billion CMBS conduit sponsored by JPMorgan and Barclays.

Mortgage modifications led to more than $1 billion of unexpected retroactive losses across 170 U.S. residential mortgage-backed securities, which are credit negative for these deals.

Lloyds TSB proceeded with its sales of a portion of its $8.8 billion in legacy nonagency residential mortgage-backed securities paper, and has sold the paper to four different groups.

Redwood Trust Wednesday filed a registration statement with the Securities and Exchange Commission for its eighth jumbo mortgage securitization of the year.

What is being disputed in the courts is when the clock starts ticking on the statute of limitations.

FeatherStone Investment Group has begun underwriting and structuring its first rental income securitization.

Goldman Sachs, Citigroup and Jefferies priced the $1.1 billion CMBS deal called GS Mortgage Securities Trust 2013-GCJ12.

Five Ten Capital closed a $100 million financing facility with Deutsche Bank that is backed by mortgages on rental homes.

JPMorgan will issue $505 million of notes backed by the beneficial interests in a pool of four commercial mortgage loans backed by 82 properties.

Freddie Mac has another multifamily commercial mortgage-backed securities deal set to price on or about April 18, its sixth K deal this year.

Analysts at Trepp said in a report that commercial mortgage-backed security conduit deals pricing recently have been at levels wider than March pricings.

The deal is backed by a pool of 72 commercial mortgages secured by 137 properties.

JPMorgan Securities and Deutsche Bank are working on a $285 million commercial mortgage-backed securities deal collateralized by the Hotel del Coronado in San Diego and the intellectual property rights associated with its brand name.

Under the three-year mortgage initiative, borrowers can receive an equity loan of up to 20% of the value of a new home, which is payable once the home is sold.

John Caladim and Jon Coleman are the latest additions to Brean Capital’s fixed income team.

Only vulnerable super-senior classes in commercial mortgage-backed securities are exposed to the risk of interest shortfalls that affected the super senior class of Morgan Stanley Capital I, according to Fitch Ratings.

Deutsche Bank and Bank of America Merrill Lynch will issue $710 million of CMBS notes backed by the fee interest in Worldwide Plaza, a 47-story office tower located at 825 Eighth Avenue in New York City.