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A floating-rate loan on the Fountainebleau Miami Beach backs the single-asset commercial mortgage-backed securities deal, according to a Standard & Poor’s presale report.

On Friday, nine Mortgage Industry Equity Composite members closed higher, six lower and one unchanged.

The parent of PrimeLending makes a 50% stock/50% cash bid for the 76% of SWS it doesn’t own.

The PGA Design Center in Palm Beach Gardens, Fla., which backs a securitized $30 million mortgage sold for only $5.6 million, according to local media reports.

There were seven gainers and 10 losers in the Mortgage Industry Equity Composite on Wednesday.

The GSE regulator will give lenders 120 days’ advance notice of any increases.

Janet Yellen previously distinguished herself at the central bank by issuing distinct warnings about the potential hazard impaired credit assets posed.

There were 11 of 17 Mortgage Industry Equity Composite members that closed higher on Tuesday as the Dow Jones Industrial Average ended a three-day losing streak.

The Senate Banking Committee is moving forward with a plan to overhaul the housing finance system, but leaders still face a delicate balancing act in swaying some liberal members of the panel to sign on to the bipartisan effort without losing conservative supporters.

Edward DeMarco still mum on his plans but some expect he will leave the FHFA after the transition.