Finance

Fourth quarter gain on sale margin moved in opposite directions at two of the nation's largest banks, falling 9% quarter-over-quarter at JPMorgan Chase, but increasing 25% at Wells Fargo.

The delinquency rate for commercial mortgage-backed securities ended 2019 at its lowest point in nearly 11 years, aided by increased issuance and the resolution of legacy transactions, Fitch Ratings said.

A New York-based real estate investment firm is financing its acquisition of a portfolio of nationally branded hotels via the commercial mortgage securitization market.

Stock prices rose for publicly-traded homebuilders after Lennar Corp.'s fourth-quarter orders and revenue beat estimates, even as home prices fell in the quarter.

Getting Fannie Mae and Freddie Mac out of conservatorship has been an elusive goal. It will remain elusive, says DeMarco, in the absence of broader reform of housing finance, something that will require bipartisan support.

Goldman Sachs is sponsoring a $1.33 billion bond offering backed by commercial mortgages, in the first rated conduit deal of the year.

Bridge REIT LLC is sponsoring a $449.6 million bridge-loan securitization backed mostly by transitional multifamily properties.

High-grade corporate bonds bested mortgages by a wide margin in 2019 and are likely to outperform them again this year, according to JPMorgan Chase & Co.

Instability among foreign relations typically drags down long-term interest rates and the latest crisis with Iran could be a catalyst for a drop in 2020, according to NerdWallet.

Redwood Trust’s next mortgage-backed securitization consists almost entirely of older mortgages it originally sold off, but has since reacquired to assign to its first deal of the new year.

The FHFA’s attempt to move some of its balance sheet into the private sector could leave investors with greater liabilities than they were initially told.

Regulators' oversight of the industry's switch to a new interest rate benchmark is expected to intensify as a key deadline approaches.

DBRS Morningstar's presale report raises concerns that the securitized loan for Onni Group's Wilshire Courtyard faces considerable risks from the business volatility of its largest tenant.

The critical defect rate for closed mortgage loans continued its decline in the second quarter, as lenders benefited from increased loan volume and profitability, an Aces Risk Management study found.

The $458.87 million HalseyPoint CLO1, via JPMorgan, is the first deal by the firm that was launched in May 2018 by two former Columbia Asset Management portfolio managers.

Fitch may use a new Structured Finance Association framework aimed at prioritizing only riskier TRID errors to assign grades to loans sold into residential mortgage-backed securities, reducing rating-related compliance burdens.

Issuance of Ginnie Mae mortgage-backed securities slipped after several months of gains, but high volume still pushed the year-to-date total for 2019 ahead of 2018’s full-year figure.

Star investor Jeffrey Gundlach and his team have generated strong returns by focusing on under-followed pockets of the market like mortgage securities, but his success may be hard to replicate.

Freddie Mac launched a groundbreaking multifamily structured pass-through deal that includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate for the first time ever.

As home value appreciation keeps churning, the share of those upside down on their mortgage grows smaller than ever, according to CoreLogic's Home Equity Report.