Finance

Analysts at Kroll Bond Rating Agency predict issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.

There could be more willingness among lenders to roll back self-imposed requirements for agency loans in 2016, but secondary-market conditions will be mixed for mortgage sellers while rates and costs are poised to rise.

The commercial mortgage-backed securities delinquency rate improved from October to November, according to Fitch Ratings.

Fannie Mae is offering yet another carrot to lenders that have lobbied extensively for relief from loan repurchases.

In their search for ways to shift the credit risk of mortgages from taxpayers to capital markets, Fannie Mae and Freddie Mac may be overlooking important players: the lenders that make these loans in the first place.

Most investors in a JPMorgan survey said they want to ditch the pricing benchmark now used for a variety of asset-backed bonds — the swaps curve — and go back to Treasuries. But it's not so easy.

The Federal Housing Finance Agency unveiled a new proposal Tuesday that would detail how Fannie Mae and Freddie Mac should serve three underserved markets: manufactured housing, affordable housing preservation and rural markets.

As the mortgage industry heads into the New Year, National Mortgage News is taking a look at the biggest trends and topics that will shape 2016.

Freddie Mac plans to issue $976 million of multifamily mortgage-backed securities later this week.

Javelin Mortgage Investment has negotiated a rebate agreement with its manager and taken other steps in a bid to reduce expenses by about $2.1 million.

Ellie Mae has released an updated version of its mortgage management software, with updates on compliance and overnight rate protection for secondary marketing.

Funds managed by Blackstone's private equity group will acquire a majority stake in the corporate parent of Stearns Lending for an undisclosed amount.

CarVal Investors, which made its debut in the securitization market just last month, is back with a second helping of bonds backed by reperforming mortgages

Securitizations that involve commercial mortgages are increasingly dropping loans from their pools before the final transactions close, according to Fitch Ratings.

The Morgan Stanley settlement follows a similar agreement with Barclays Capital in October that resulted in a recovery of $325 million.

Moody's said it has acquired BlackBox Logic, a Denver-based residential mortgage-backed securities data technology company, for an undisclosed amount of cash.

Mortgage lenders said their per-loan profits declined 19% in the third quarter compared with the previous quarter, according to the Mortgage Bankers Association.

Freddie Mac has sold about $1.1 billion of seriously delinquent loans serviced by Wells Fargo.

A former Jefferies & Co. managing director accused of lying to customers about bond prices had his fraud conviction overturned in the latest blow to the government’s effort to hold individuals accountable for alleged wrongdoing on Wall Street.

Onslow Bay is making its debut in the securitization market with $231 million of bonds backed by mortgage loans the real estate investment trust acquired from several lenders, according to Standard & Poor's.