Secondary

Government-guaranteed securitization rules complicate servicing sales and are a growing problem for nonbanks, the Community Home Lenders of America says.

The government-sponsored enterprises are increasing their apartment loan limits next year even though market volumes have been well below the current ones.

The notes benefit from credit enhancement levels of 30.45%, 24.3%, 13.8%, 8.65%, 5.00% and 2.05% on the A1, A2, A3, M1, B1, B2 and B3 tranches, respectively.

Sam Valverde, acting president of Ginnie Mae, has resigned after about six months in the job.

Private-label securitization volume increased 75% this year versus 2023; conditions are right for that to continue, KBRA said.

The rise of private credit has had a surprising side effect: it's made borrowing cheaper for companies in other high-yield markets, and has probably made a key barometer of credit risk less accurate.

Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on servicing.

The real estate investment trust reported a GAAP loss and thin earnings available for distribution as a result of market shifts that also affected some peers.

The Trump victory is considered a positive for changing the status of Fannie Mae and Freddie Mac, but what would that do to interest rates?

Better touted the company's efficient operations, including an artificial intelligence voice assistant handling all of its inbound customer calls.