Secondary

REIT Paramount Group is getting a $140M equity pay-out in a debt refinancing for the noted Broadway Theater district office tower, home to the Gershwin Theater and several prominent tenants.

The housing market is likely changing to predominantly repeat purchasers, even as growth in the first-timer buyer segment continued in the third quarter, a study from Genworth found.

The share of Department of Veterans Affairs-guaranteed loans in Ginnie Mae mortgage-backed securities issuance rose to 42% in the most recent fiscal year from almost 39%, and could continue to rise.

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

Most commercial and multifamily loan delinquency rates remained near record lows in the third quarter extending a long run of declines in the securitized market, according to the Mortgage Bankers Association.

Despite an uptick in homebuilding and favorable financing rates, Hovnanian Enterprises' latest earnings results remained in the red due to a charge the company took to reposition debt.

The availability of mortgage credit jumped in November from the previous month as jumbo activity and refinancing in the government market increased, according to the Mortgage Bankers Association.

Mortgage-bond investors will need to absorb about 26% more agency MBS supply in 2020 as both home sales and prices continue to climb, according to the average estimate of six of Wall Street's biggest dealers.

According to presale reports, Ohana Real Estate Investors is sponsoring a $370 million bond sale backed by an interest-only, floating-rate loan financing its purchase of the Monarch Beach Resort in Dana Point, Calif.

According to presale reports, Ohana Real Estate Investors is sponsoring a $370 million bond sale backed by an interest-only, floating-rate loan financing its purchase of the Monarch Beach Resort in Dana Point, Calif.