Finance

Kroll Bond Rating Agency has assigned preliminary ratings to six classes of Starwood Waypoint Residential Trust single-family pass-through certificates.

Starwood Waypoint Residential Trust plans to offer $505 million of debt tied to its rental properties in its first bond sale, according to a person with knowledge of the transaction.

Freddie Mac announced its first K-deal that includes a manufactured housing community loan.

Credit Suisse Group settled a three-year-old lawsuit by Assured Guaranty accusing the bank of misrepresenting the quality of loans in mortgage-backed securities it insured.

Goldman Sachs is preparing to bring its first post-crisis prime jumbo residential mortgage-backed securities transaction to market.

Having fought many battles with Congress over curbs to bond and other programs that affect affordable housing, John Murphy expects the challenges will continue as he retires from the National Association of Local Housing Finance Agencies after 30 years as its executive director.

A final judgment against Bank of America in a mortgage-bond lawsuit by the Securities and Exchange Commission was signed by a federal judge, helping clear the way for the lender to complete a $16.7 billion global settlement of claims it misled investors about risk.

Banks could originate 300,000 more home loans per quarter and face only a slightly higher risk of default, according to a new report. But lenders are unlikely to loosen lending standards until they are sure that Fannie, Freddie and the FHA have eased up on buyback requests.

A Redwood Trust subsidiary priced a $200 million aggregate principal amount of its 5.625% exchangeable senior notes due 2019 in a private offering to institutional buyers.

Fannie Mae has partnered with the Detroit Land Bank Authority to stabilize distressed neighborhoods.

Fannie Mae and Freddie Mac will let borrowers who have gone through foreclosure buy back their homes at market prices under a policy shift announced by the regulator for the two U.S.-owned companies.

More property owners are jumping on a drop in financing costs and loosening terms to pay off their mortgages.

Fitch Ratings has downgraded Nationstar Mortgage's ratings in several servicer categories.

New initiatives meant to increase access to credit have rekindled the debate over whether housing counseling is the best and most cost-effective way for preparing consumers to become mortgage borrowers.

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 risk that the failure to refinance a loan collateralizing a single-family rental securitization would cascade into a "widespread" decline in property prices is low, according to Moody's Investors Service.

Lenders who make or buy non-qualified mortgages are learning how to get more of a handle on the risks, in part by ensuring they don't stray too far away from QM boundaries.