Secondary

The Sarbanes-Oxley Act of 2002 is important, but it barely scratches the surface of former House Financial Services Committee Chairman Michael Oxley's impact on banking.

John Angelo, who co-founded Angelo, Gordon & Co. and presided 27 years over the New York investment firm's growth to $26 billion in assets under management, has died. He was 74.

The delinquency rate on commercial mortgage-backed securities rose slightly in December, according to Trepp.

The plunge in oil prices may jeopardize almost $125 million of securitized loans backed by real estate in North Dakota, as drillers in the state scale back operations, Morningstar Credit Ratings said.

Freddie Mac's Multi-Indicator Market Index in October signaled ever-stabilizing circumstances across a growing number of regions.

Radian Guaranty Inc. is in compliance with the government-sponsored enterprises capital standards after receiving $325 million in cash and securities from parent company Radian Group Inc.

RAIT Financial Trust said it closed on its fifth commercial real estate collateralized loan obligation.

The strong recovery in commercial real estate has enabled borrowers to resolve a lot of problem loans made before the financial crisis, but Fitch Ratings continues to expect no recoveries from "hope notes."

A proposal issued two weeks ago by the FHFA calls on the two government-sponsored enterprises to identify opportunities to increase their purchases of small multifamily properties in rural areas, sparking some concern among lenders.

After lenders and their technology providers spent much of 2015 implementing the TILA-RESPA integrated disclosures, forthcoming compliance audits and a government-sponsored enterprise plan to start collecting data from the new forms will tell if those efforts truly paid off.