Nora Colomer

If the Securities and Exchange Commission bans Standard & Poor's from rating commercial mortgage-backed securities, as it is reportedly planning to, bonds backed by a single, large asset would be hit disproportionately, according to JPMorgan.

New Residential Mortgage priced $504 million of bonds backed by a pool of mostly reperforming residential mortgages, according to Standard & Poor's.

Starwood Waypoint Priced its first securitization of single-family rental property, a $505 million deal backed by some of the oldest homes in this emerging asset class.

The deals are backed by a fixed-rate loan with a term of 10 years, the longest loan tenure to date for such deals.

Credit Suisse's DLJ Mortgages is marketing a reperforming mortgage securitization, according to Kroll Bond Rating Agency.

The underlying loan is fixed-rate and amortizes on a monthly basis over a term of 10 years, the longest loan tenure to date that has backed a single-family rental securitization.

JPMorgan began marketing another $402 million of securities backed by residential mortgages this week, adding to its robust pipeline of fourth-quarter deals.

Mortgages that do need meet new ability-to-repay rules are likely to be securitized only sporadically, according to participants at the ABS East conference.

The pricing of the class-A notes paralleled that seen in a recent first-time issuer's single-family rental securitization in August, but the pricing for the rest of the capital structure differed.

Delta Lloyds' latest Dutch residential mortgage securitization has an innovative work-around to regulations that make it unattractive to use swaps to hedge interest rate mismatch.

Bank of America Merrill Lynch priced an offering of bonds backed by the mortgage on the Intercontinental New York Times Square.

Freddie Mac began offering the deals last year with the goal of sharing more risk with the private sector at the direction of its regulator.

Canadian covered bonds now benefit from increased disclosure about the mortgages behind them and more certainty about recourse to the cover pool in the event of a default. But so far, this broader appeal hasn't resulted in increased issuance.

Serling will be charged with providing Situs with business development opportunities relating to commercial mortgage-backed securities bond investors.

All six dealers included in the competitive auction process managed to win a portion, although the bulk was awarded to two shops, Barclays and Credit Suisse.

Standard & Poor’s expects $5 billion of mortgage servicer advance securitizations this year, down from 2013’s $6.5 billion.

Investors have increasingly begun to differentiate between single-borrower commercial mortgage-backed securities transactions, according to Bank of America Merrill Lynch.

Barclays and Bank of America Merrill Lynch are joint bookrunners on the residential mortgage-backed securities deal that is expected to close Thursday.

The securitization will be backed by income from a portion of the Scottsdale, Ariz.-based firm’s portfolio of single-family rental homes.

The November timing for the deal is good because spreads on new issues have come in over the last 60 days.