Barclays

The loan participation is part of a debt refinancing package that paves the way for expanding the Parkmerced mega-development.

The United Kingdom’s legal separation of retail deposit-taking from risker activities prevents banks from transferring domestic earnings internally, and the trapped capital has become the catalyst for a mortgage price war.

A Silicon Valley mega-office-tower complex that is home to both Amazon and Facebook corporate offices is making another appearance in a conduit commercial mortgage-loan securitization.

While a downturn is expected to come for the housing market, it could be more of a side-step than falling off a cliff, according to the latest Barclays Global Economics Weekly report.

The investigation targeted 36 residential mortgage-backed securities deals involving $31 billion worth of loans, more than half of which defaulted, according to the Justice Department.

The Puerto Rico-based bank failed in 2015. The FDIC, its receiver, is seeking unspecified economic and punitive damages from 16 lenders, including Bank of America, Barclays and Credit Suisse.

Barclays and the Justice Department, engaged in a legal battle over the suspected fraudulent sale of mortgage securities a decade ago, have revived discussions about reaching an out-of-court settlement, according to people with knowledge of the situation.

Freddie Mac has priced its first credit-risk transfer securities backed in part by tax-exempt loans used to finance affordable multifamily rental properties.