Commercial Defeasance LLC, Charlotte, N.C., has announced the formation of Custom Hedging Solutions LLC to help real estate companies manage interest rate risk via derivatives such as interest rate swaps, caps, and options. "We have a broad knowledge of derivative products and hedge providers in the market that we can leverage for the benefit of our customers," said Jennifer Imler, managing director of Custom Hedging. Before leading the new hedging team, Ms. Imler traded and marketed derivative products at Wachovia and worked on its commercial mortgage trading desk. Custom Hedging Solutions can be found online at httop://www.customhedgingsolutions.com.
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Agency activity dropped off by 4% in September while non-qualified mortgage issuance was down 18% in the third quarter versus the prior period, BTIG said.
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Developments like the downward swing in total jobs reported Friday, inflation and AI have made nonbank employment more complex and volatile this year.
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Single-family mortgages originated with new scores have been put into private securitizations but these typically have been submitted alongside classic FICOs.
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The collaboration comes after HUD issued several other updates earlier this year aimed at increasing affordability through loosened homebuilding policy.
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Southeast impairments run 150 bps above other regions and alt-doc loans are up 200+ bps since 2025, while DSCR and full-doc improve. Time to review overlays.
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Federal Reserve Gov. Lisa Cook said Thursday that private credit does not seem to pose additional risks to the financial system at the moment, but added that more information about the opaque market is needed.
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